Thai baht malawian kwacha exchange rate history (THB MWK) October 2023

Thai baht malawian kwacha history for October 2023. The highest quote for this month is 31.794 (27/10/2023) and the lowest 31.935 (13/10/2023). The difference between high and low is -0.44.

THB MWK average rate for October 2023 is 31.0195, the change between 01/10/2023 and 31/10/2023 is -6.24 %.

01 October 2023	1 THB = 29.54 MWK
02 October 2023	1 THB = 29.44 MWK
03 October 2023	1 THB = 28.79 MWK
04 October 2023	1 THB = 29.19 MWK
05 October 2023	1 THB = 30.83 MWK
06 October 2023	1 THB = 31.20 MWK
07 October 2023	1 THB = 31.31 MWK
09 October 2023	1 THB = 31.15 MWK
10 October 2023	1 THB = 31.27 MWK
11 October 2023	1 THB = 31.23 MWK
12 October 2023	1 THB = 31.16 MWK
13 October 2023	1 THB = 31.27 MWK
16 October 2023	1 THB = 31.95 MWK
17 October 2023	1 THB = 31.33 MWK
18 October 2023	1 THB = 31.44 MWK
19 October 2023	1 THB = 31.66 MWK
20 October 2023	1 THB = 31.28 MWK
21 October 2023	1 THB = 31.43 MWK
22 October 2023	1 THB = 31.35 MWK
23 October 2023	1 THB = 31.48 MWK
24 October 2023	1 THB = 31.39 MWK
25 October 2023	1 THB = 31.20 MWK
26 October 2023	1 THB = 30.95 MWK
27 October 2023	1 THB = 30.95 MWK
28 October 2023	1 THB = 31.51 MWK
29 October 2023	1 THB = 31.42 MWK
30 October 2023	1 THB = 31.47 MWK
31 October 2023	1 THB = 31.38 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.

Historic Thai baht Malawian kwacha