Historic Thai baht Malawian kwacha

Thai baht malawian kwacha history for January 2024. The highest quote for this month is 48.966 (01/01/2024) and the lowest 49.097 (03/01/2024). The difference between high and low is -0.27.

THB MWK average rate for January 2024 is 47.64048, the change between 01/01/2024 and 31/01/2024 is +3.62 %.

01 January 20241 THB = 48.90 MWK
02 January 20241 THB = 49.07 MWK
03 January 20241 THB = 48.64 MWK
04 January 20241 THB = 48.32 MWK
05 January 20241 THB = 48.31 MWK
06 January 20241 THB = 48.06 MWK
07 January 20241 THB = 48.15 MWK
08 January 20241 THB = 48.36 MWK
09 January 20241 THB = 47.68 MWK
10 January 20241 THB = 48.09 MWK
11 January 20241 THB = 47.58 MWK
12 January 20241 THB = 48.02 MWK
14 January 20241 THB = 47.74 MWK
15 January 20241 THB = 48.00 MWK
16 January 20241 THB = 48.00 MWK
17 January 20241 THB = 47.53 MWK
18 January 20241 THB = 46.77 MWK
19 January 20241 THB = 46.83 MWK
22 January 20241 THB = 47.24 MWK
23 January 20241 THB = 46.83 MWK
24 January 20241 THB = 46.69 MWK
25 January 20241 THB = 46.65 MWK
26 January 20241 THB = 46.60 MWK
28 January 20241 THB = 46.87 MWK
29 January 20241 THB = 47.22 MWK
30 January 20241 THB = 47.02 MWK
31 January 20241 THB = 47.13 MWK

13/05/2020: Introduction of New Thousand Kwacha Banknotes

Malawi introduced new banknotes with higher denominations to address issues of inflation and to streamline transactions in a cash-based economy.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

01/05/2016: Currency Floatation

The Malawian government allowed the kwacha to float freely against other currencies, leading to a significant depreciation of the currency.

07/08/2012: Introduction of New Kwacha Coins

Malawi introduced new coins to replace smaller denominations of the kwacha banknotes, facilitating transactions and reducing the cost of producing money.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

14/06/1994: Malawi's First Multiparty Democratic Elections

Malawi held its first multiparty democratic elections, leading to a political and economic transition which affected the value of the kwacha.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

01/09/1979: First Devaluation of the Kwacha

The Malawian government devalued the kwacha by 30% in response to economic challenges and to promote exports.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

06/07/1971: Introduction of the Malawian Kwacha

The Malawian Kwacha (MWK) was introduced as the official currency of Malawi, replacing the Malawian pound at a rate of 2 kwacha = 1 pound.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
THB MWK July 2023
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