United States dollar malawian kwacha exchange rate history (USD MWK) December 2023

United States dollar malawian kwacha history for December 2023. The highest quote for this month is 1690.87 (18/12/2023) and the lowest 1682.67 (25/12/2023). The difference between high and low is 0.48.

USD MWK average rate for December 2023 is 1671.62643, the change between 01/12/2023 and 31/12/2023 is +0.82 %.

01 December 2023	1 USD = 1679.82 MWK
02 December 2023	1 USD = 1666.73 MWK
03 December 2023	1 USD = 1666.73 MWK
04 December 2023	1 USD = 1680.79 MWK
05 December 2023	1 USD = 1669.00 MWK
06 December 2023	1 USD = 1659.00 MWK
07 December 2023	1 USD = 1681.85 MWK
08 December 2023	1 USD = 1659.00 MWK
10 December 2023	1 USD = 1666.76 MWK
11 December 2023	1 USD = 1682.44 MWK
12 December 2023	1 USD = 1667.00 MWK
13 December 2023	1 USD = 1679.67 MWK
14 December 2023	1 USD = 1669.00 MWK
15 December 2023	1 USD = 1669.00 MWK
16 December 2023	1 USD = 1666.73 MWK
17 December 2023	1 USD = 1666.73 MWK
18 December 2023	1 USD = 1688.80 MWK
19 December 2023	1 USD = 1679.53 MWK
20 December 2023	1 USD = 1666.00 MWK
21 December 2023	1 USD = 1683.40 MWK
22 December 2023	1 USD = 1665.00 MWK
23 December 2023	1 USD = 1666.74 MWK
24 December 2023	1 USD = 1666.74 MWK
25 December 2023	1 USD = 1681.54 MWK
26 December 2023	1 USD = 1681.54 MWK
27 December 2023	1 USD = 1664.00 MWK
28 December 2023	1 USD = 1666.00 MWK
29 December 2023	1 USD = 1666.00 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.