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

United States dollar malawian kwacha history for January 2023. The highest quote for this month is 1030.99 (06/01/2023) and the lowest 1023.69 (27/01/2023). The difference between high and low is 0.71.

USD MWK average rate for January 2023 is 1010.82852, the change between 01/01/2023 and 31/01/2023 is -0.71 %.

01 January 2023	1 USD = 1016.00 MWK
02 January 2023	1 USD = 1009.00 MWK
03 January 2023	1 USD = 1019.86 MWK
04 January 2023	1 USD = 1008.00 MWK
05 January 2023	1 USD = 1008.00 MWK
06 January 2023	1 USD = 1008.00 MWK
07 January 2023	1 USD = 1016.60 MWK
08 January 2023	1 USD = 1016.60 MWK
09 January 2023	1 USD = 1008.00 MWK
10 January 2023	1 USD = 1009.00 MWK
11 January 2023	1 USD = 1009.00 MWK
12 January 2023	1 USD = 1008.00 MWK
13 January 2023	1 USD = 1005.00 MWK
14 January 2023	1 USD = 1005.94 MWK
16 January 2023	1 USD = 1019.97 MWK
17 January 2023	1 USD = 1017.95 MWK
18 January 2023	1 USD = 1004.00 MWK
19 January 2023	1 USD = 999.0 MWK
20 January 2023	1 USD = 1002.00 MWK
21 January 2023	1 USD = 1011.30 MWK
23 January 2023	1 USD = 1014.94 MWK
24 January 2023	1 USD = 1004.00 MWK
26 January 2023	1 USD = 1004.00 MWK
27 January 2023	1 USD = 1009.00 MWK
29 January 2023	1 USD = 1012.10 MWK
30 January 2023	1 USD = 1023.94 MWK
31 January 2023	1 USD = 1023.17 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.