US dollar to Malawian kwacha Historical Exchange Rates
Welcome to the USD to MWK exchange rate history page. This page contains detailed daily historical exchange rates between USD and MWK from 2025-3-8 to 2025-12-04, making it easy to look up and reference.
1 USD = 1733.67 MWK
18:31 Exchange Rate
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1 US dollar to Malawian kwacha Historical Exchange Rate Trends
1 USD = -- MWK
18:31 Exchange Rate
1 US dollar to Malawian kwacha Data Statistics
This section organizes the historical exchange rate data of 1 USD to MWK, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Past 7 days historical exchange rates
Below are the daily average exchange rates of USD to MWK for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MWK to USD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
USD to MWK - Last 7 Days
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MWKUSDMWKUSDMWKUSDMWKUSDMWKUSDMWKUSDMWKUSDUSD - Dollar
The US dollar officially became the official currency of the United States in 1792, initially adopting the gold and silver standard. After World War II, the US dollar became the world's main reserve currency in the Bretton Woods system. In 1971, the United States abolished the peg of the US dollar to gold and switched to a floating exchange rate. Today, the US dollar is still the dominant currency in global trade, investment and financial markets, enjoying a high degree of international credit and widespread use.
- Supporting unit:1 cent
- Denomination of banknotes:$1, $5, $10, $20, $50, $100
- Reserve currency:The US dollar is the world's primary reserve currency.
- Banknote material:Made primarily of 75% cotton and 25% linen.
- Metal composition:Alloys such as copper, nickel, and zinc
- Currency symbol:$ or US$
- Paper currency size:156mm × 66mm (All denominations have the same size)
- language:en
- Main unit:1 US dollar
- ISO code:USD
- Currency name:US dollar
- Cents per dollar:100
- Exchange Rate System:Floating exchange rate system
- Central Bank:Federal Reserve System
- Safe-haven currency:The US dollar is usually regarded as a safe-haven currency.
- Coin denomination:1¢, 5¢, 10¢, 25¢, 50¢, $1
- Countries of Use:The United States (including some overseas territories) and certain countries and regions that use the US dollar as their official or circulating currency.
- Cross-border payment:The dollar cross-border payment network covers approximately 200 countries and regions worldwide.
MWK - Malawian Kwacha
The Kwacha was introduced in 1971 and is the core currency of Malawi's economic development. It supports agriculture and manufacturing, and promotes the country's gradual economic diversification.
- Supporting unit:1 Kwacha = 100 Tambala
- Denomination of banknotes:20, 50, 100, 200, 500, 1000, 2000, 5000 Zambian Kwacha
- Reserve currency:No, Malawi primarily holds US dollars and South African rand as its foreign exchange reserves.
- Banknote material:A combination of paper and polymer, featuring anti-counterfeiting characteristics.
- Metal composition:Copper-coated steel core, nickel-coated steel core, etc.
- Currency symbol:MK
- Paper currency size:Approximately 132mm × 66mm for 1000 grams of kwacha.
- language:en
- Main unit:1 Kwacha
- ISO code:MWK
- Currency name:Malawikwacha
- Exchange Rate System:Floating exchange rate system
- Central Bank:Reserve Bank of Malawi
- Safe-haven currency:No, it belongs to a highly volatile currency.
- Coin denomination:1, 5, 10, 20, 50 cents; 1, 5, 10 grams of kwacha
- Countries of Use:Malawi is the only country where it is used officially.
- Cross-border payment:International transfers can be conducted through the SWIFT network, but the use of kwacha for international settlements is minimal, with the US dollar often serving as the intermediary settlement currency.
