Malawian Kwacha

The Malawian Kwacha decreased to 397.50 in April from 410 in March of 2014. Malawian Kwacha averaged 353.14 from 1997 until 2014, reaching an all time high of 450 in January of 2014 and a record low of 21 in December of 1997. The USDMWK spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the MWK. While the USDMWK spot exchange rate is quoted and exchanged in the same day, the USDMWK forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Malawian Kwacha - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
397.50 410.00 450.00 21.00 385.87 | 2014/05 1997 - 2014 Daily

TO

Malawian Kwacha
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 395.00 2014-04-24 410.00 450.00 21.00 385.87 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Malawi Balance of Trade at -48241.92 MWK Million  
Malawi recorded a trade deficit of 48241.92 MWK Million in June of 2013. Balance of Trade in Malawi is reported by the National Statistical Office of Malawi.
Malawi Exports at 29957.52 MWK Million  
Exports in Malawi increased to 29957.52 MWK Million in June of 2013 from 21690.40 MWK Million in May of 2013. Exports in Malawi is reported by the National Statistical Office of Malawi.
Malawi Imports at 78150.25 MWK Million  
Imports in Malawi decreased to 78150.25 MWK Million in June of 2013 from 78334.30 MWK Million in May of 2013. Imports in Malawi is reported by the National Statistical Office of Malawi.
Malawi Gross Fixed Capital Formation at 102152.60 MWK Million  
Gross Fixed Capital Formation in Malawi increased to 102152.60 MWK Million in 2007 from 88127.70 MWK Million in 2006. Gross Fixed Capital Formation in Malawi is reported by the National Statistical Office Of Malawi.
Malawi Government Spending at 48679.50 MWK Million  
Government Spending in Malawi increased to 48679.50 MWK Million in 2007 from 35466.30 MWK Million in 2006. Government Spending in Malawi is reported by the National Statistical Office of Malawi.
Malawi Consumer Price Index (CPI) at 161.20 Index Points  
Consumer Price Index (CPI) in Malawi decreased to 161.20 Index Points in March of 2014 from 161.60 Index Points in February of 2014. Consumer Price Index (CPI) in Malawi is reported by the National Statistical Office of Malawi.
Malawi Inflation Rate at 24.00 Percent  
The inflation rate in Malawi was recorded at 24 percent in March of 2014. Inflation Rate in Malawi is reported by the Reserve Bank of Malawi.
Malawi Personal Income Tax Rate at 30.00 percent  
The Personal Income Tax Rate in Malawi stands at 30 percent. Personal Income Tax Rate in Malawi is reported by the Malawi Revenue Authority.
Malawi GDP Annual Growth Rate at 6.10 Percent  
The Gross Domestic Product (GDP) in Malawi expanded 6.10 percent in 2013 from the previous year. GDP Annual Growth Rate in Malawi is reported by the Reserve Bank of Malawi.
Malawi Population at 15.91 Million  
The total population in Malawi was last recorded at 14.8 million people in 2012 from 3.5 million in 1960, changing 319 percent during the last 50 years. Population in Malawi is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News