United States dollar malawian kwacha history for April 2023. The highest quote for this month is 1030.58 (17/04/2023) and the lowest 1022.44 (19/04/2023). The difference between high and low is 0.79.
USD MWK average rate for April 2023 is 1011.363, the change between 01/04/2023 and 30/04/2023 is -0.5 %.
| 04 April 2023 | 1 USD = 1005.00 MWK |
| 09 April 2023 | 1 USD = 1014.50 MWK |
| 13 April 2023 | 1 USD = 1003.00 MWK |
| 15 April 2023 | 1 USD = 1016.62 MWK |
| 17 April 2023 | 1 USD = 1018.51 MWK |
| 18 April 2023 | 1 USD = 1011.00 MWK |
| 19 April 2023 | 1 USD = 1011.00 MWK |
| 21 April 2023 | 1 USD = 1012.00 MWK |
| 24 April 2023 | 1 USD = 1012.00 MWK |
| 28 April 2023 | 1 USD = 1010.00 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.
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.
10/04/2000: Introduction of New Kwacha Banknotes
Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.
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.
01/09/1979: First Devaluation of the Kwacha
The Malawian government devalued the kwacha by 30% in response to economic challenges and to promote exports.
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.