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History · 30 jours

Malawian Kwacha (MWK) historical rate to US Dollar (USD)

The MWK/USD pair shows how many Malawian Kwacha are needed to buy one US Dollar, reflecting Malawi's economic ties with the United States.

Daily observations
18
within the available range
Source
Market
api.forex
Method

How to read MWK/USD history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,00057667
Maximum 0,00058275
Average 0,00058134
Total change +0.34%
Daily observations

Dated MWK/USD rates

Couverture du au , en UTC.

Convert MWK/USD
Date UTC Rate Change Nature
0,0005824 +0.00% Market
0,0005824 +0% Market
0,0005824 +0% Market
0,0005824 -0.06% Market
0,00058275 +0% Market
0,00058275 +0% Market
0,00058275 +0.06% Market
0,00058241 +0.82% Market
0,0005777 -0.81% Market
0,0005824 +0.99% Market
0,00057667 -1.04% Market
0,00058275 +0.06% Market
0,00058241 +0.79% Market
0,00057784 -0.13% Market
0,00057856 -0.66% Market
0,0005824 -0.06% Market
0,00058275 +0.40% Market
0,00058044 Market
Editorial analysis

Understanding the MWK/USD pair

The MWK/USD exchange rate indicates the value of the Malawian Kwacha relative to the US Dollar. This pair is used by businesses and individuals engaged in trade, investment, or remittances between Malawi and the United States. An appreciation of the base currency (MWK) means that fewer Kwacha are needed to purchase one Dollar, implying a stronger Kwacha.

Structural drivers of the MWK/USD rate include the monetary policies of the Reserve Bank of Malawi and the US Federal Reserve. Interest rate differentials, inflation rates, and economic growth in both countries influence the pair. Malawi's economy is heavily reliant on agriculture, particularly tobacco exports, and is sensitive to commodity prices and weather conditions. Capital flows, foreign aid, and remittances also play significant roles. The US Dollar is a global reserve currency, often strengthening during risk-off sentiment.

Over the past several years, the MWK has generally depreciated against the USD due to persistent trade deficits, inflationary pressures, and foreign exchange shortages in Malawi. The Reserve Bank of Malawi has occasionally intervened to manage volatility. However, without specific historical data, it is important to note that the exchange rate is subject to fluctuations based on evolving economic conditions and policy decisions.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

Currencies

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