United States dollar malawian kwacha history for November 2023. The highest quote for this month is 1685.6 (27/11/2023) and the lowest 1683.5 (27/11/2023). The difference between high and low is 0.12.
USD MWK average rate for November 2023 is 1517.56909, the change between 01/11/2023 and 30/11/2023 is -47.91 %.
01 November 2023 | 1 USD = 1127.00 MWK |
06 November 2023 | 1 USD = 1112.99 MWK |
07 November 2023 | 1 USD = 1105.00 MWK |
08 November 2023 | 1 USD = 1105.00 MWK |
09 November 2023 | 1 USD = 1106.00 MWK |
10 November 2023 | 1 USD = 1099.00 MWK |
13 November 2023 | 1 USD = 1673.56 MWK |
14 November 2023 | 1 USD = 1681.17 MWK |
15 November 2023 | 1 USD = 1683.50 MWK |
16 November 2023 | 1 USD = 1665.00 MWK |
17 November 2023 | 1 USD = 1665.00 MWK |
18 November 2023 | 1 USD = 1666.72 MWK |
19 November 2023 | 1 USD = 1666.72 MWK |
20 November 2023 | 1 USD = 1671.51 MWK |
21 November 2023 | 1 USD = 1669.00 MWK |
22 November 2023 | 1 USD = 1669.00 MWK |
23 November 2023 | 1 USD = 1678.72 MWK |
26 November 2023 | 1 USD = 1666.73 MWK |
27 November 2023 | 1 USD = 1674.17 MWK |
28 November 2023 | 1 USD = 1666.73 MWK |
29 November 2023 | 1 USD = 1667.00 MWK |
30 November 2023 | 1 USD = 1667.00 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.