Historic United States dollar Malawian kwacha

United States dollar malawian kwacha history for January 2024. The highest quote for this month is 1687.5 (26/01/2024) and the lowest 1684.49 (01/01/2024). The difference between high and low is 0.18.

USD MWK average rate for January 2024 is 1670.8337, the change between 01/01/2024 and 31/01/2024 is +1.01 %.

01 January 20241 USD = 1682.96 MWK
02 January 20241 USD = 1684.49 MWK
03 January 20241 USD = 1664.00 MWK
04 January 20241 USD = 1664.00 MWK
05 January 20241 USD = 1666.00 MWK
06 January 20241 USD = 1666.74 MWK
07 January 20241 USD = 1666.74 MWK
08 January 20241 USD = 1675.01 MWK
09 January 20241 USD = 1666.00 MWK
10 January 20241 USD = 1679.12 MWK
11 January 20241 USD = 1666.00 MWK
12 January 20241 USD = 1679.95 MWK
14 January 20241 USD = 1666.73 MWK
15 January 20241 USD = 1677.35 MWK
16 January 20241 USD = 1678.09 MWK
17 January 20241 USD = 1682.00 MWK
18 January 20241 USD = 1664.00 MWK
19 January 20241 USD = 1664.00 MWK
22 January 20241 USD = 1678.44 MWK
23 January 20241 USD = 1666.00 MWK
24 January 20241 USD = 1664.00 MWK
25 January 20241 USD = 1666.00 MWK
26 January 20241 USD = 1665.00 MWK
28 January 20241 USD = 1666.73 MWK
29 January 20241 USD = 1681.16 MWK
30 January 20241 USD = 1666.00 MWK
31 January 20241 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.
USD MWK June 2023
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