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Exchange rates for the US dollar in Malawi / USD 1 = MWK ... (buying)

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  4. USD US dollar
  5. MWK Malawi kwacha (Malawi)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.M.MWK.USD.CA.AA.A01
Unit MWK
Dimension one
Timespan from 1973-01 to 2024-03
Last update 05.04.2024 01:05:06 PM
   
Methodology The exchange rates specified for the period from January 1973 to August 1992 were converted using the direct quotation method.
Source Reserve Bank of Malawi, Lilongwe/Blantyre.
   
Comment on 2023-11 On 9 November 2023, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling): 8 November 2023: USD 1 = MWK 1,157.2706 / 1,180.2900 9 November 2023: USD 1 = MWK 1,666.7326 / 1,700.0000 Calculated devaluation: 30.6%.
Comment on 2022-05 On 27 May 2022, the Central Bank of Malawi decided to adopt a more flexible exchange rate regime. We recorded the following exchange rates (buying/selling): 26 May 2022: USD 1 = MWK 808.7997 / 824.4791 27 May 2022: USD 1 = MWK 1,011.8053 / 1,031.2139 Calculated devaluation: 20.1% (calculated on the basis of the middle rates).
Comment on 2012-05 On 7 May 2012, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate): 4 May 2012: USD 1 = MWK 164.5375 / 167.8615 7 May 2012: USD 1 = MWK 247.50 / 252.50 Calculated devaluation: 33.5%
Comment on 2010-01 Exchange rate as of 22 January 2010.
Comment on 1998-08 On 21 and 24 August 1998, the exchange rates were adjusted more sharply. We recorded the following rates (buying/selling rate): 20 August 1998: USD 1 = MWK 26.6665 / 26.9345 21 August 1998: USD 1 = MWK 33.8300 / 34.1700 24 August 1998: USD 1 = MWK 41.7900 / 42.2100 Calculated using the exchange rates from 20 and 24 August 1998 the Malawi kwacha was devalued by 36.2%.
Comment on 1994-02 On 7 February 1994, the exchange rates were allowed to float freely.
Comment on 1992-06 On 11 June 1992, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 29 May 1992: MWK 1 = USD 0.3122 / 0.3038 17 June 1992: MWK 1 = USD 0.2465 / 0.2441 Calculated devaluation: 20.4% (calculated on the basis of the middle rates).
Comment on 1992-03 On 28 March 1992, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 27 March 1992: MWK 1 = USD 0.3589 / 0.3490 30 March 1992: MWK 1 = USD 0.3045 / 0.2961 Calculated devaluation: 15.2% (calculated on the basis of the middle rates).
Comment on 1988-01 On 16 January 1988, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 15 January 1988: MWK 1 = USD 0.4818 / 0.4734 18 January 1988: MWK 1 = USD 0.4098 / 0.4026 Calculated devaluation: 14.9% (calculated on the basis of the middle rates).
Comment on 1987-02 On 7 February 1987, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 6 February 1987: MWK 1 = USD 0.5362 / 0.5268 9 February 1987: MWK 1 = USD 0.4291 / 0.4215 Calculated devaluation: 20.0%
Comment on 1986-08 On 16 August 1986, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 15 August 1986: MWK 1 = USD 0.5591 / 0.5493 18 August 1986: MWK 1 = USD 0.5037 / 0.4949 Calculated devaluation: 9.9%
Comment on 1985-04 On 2 April 1985, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 1 April 1985: MWK 1 = USD 0.6595 / 0.6480 2 April 1985: MWK 1 = USD 0.5616 / 0.5518 Calculated devaluation: 14.8%
Comment on 1983-09 On 17 September 1983, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 16 September 1983: MWK 1 = USD 0.8709 / 0.8557 19 September 1983: MWK 1 = USD 0.7788 / 0.7652 Calculated devaluation: 10.6%
Comment on 1982-04 On 24 April 1982, the Malawi kwacha was devalued. We recorded the following exchange rates (buying/selling rate using the indirect quotation method): 23 April 1982: MWK 1 = USD 1.0670 / 1.0484 26 April 1982: MWK 1 = USD 0.9275 / 0.9113 Calculated devaluation: 13.1%
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