Historic United States dollar Malawian kwacha

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 20231 USD = 1127.00 MWK
06 November 20231 USD = 1112.99 MWK
07 November 20231 USD = 1105.00 MWK
08 November 20231 USD = 1105.00 MWK
09 November 20231 USD = 1106.00 MWK
10 November 20231 USD = 1099.00 MWK
13 November 20231 USD = 1673.56 MWK
14 November 20231 USD = 1681.17 MWK
15 November 20231 USD = 1683.50 MWK
16 November 20231 USD = 1665.00 MWK
17 November 20231 USD = 1665.00 MWK
18 November 20231 USD = 1666.72 MWK
19 November 20231 USD = 1666.72 MWK
20 November 20231 USD = 1671.51 MWK
21 November 20231 USD = 1669.00 MWK
22 November 20231 USD = 1669.00 MWK
23 November 20231 USD = 1678.72 MWK
26 November 20231 USD = 1666.73 MWK
27 November 20231 USD = 1674.17 MWK
28 November 20231 USD = 1666.73 MWK
29 November 20231 USD = 1667.00 MWK
30 November 20231 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.