Malawi: USD exchange rate

The currency chart for Malawi shows historical data for the Malawian Kwachas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Malawian Kwachas per USD. Depreciation implies that goods from Malawi become cheaper to export and it becomes cheaper for foreigners to visit Malawi.

The series for Malawi are available from September 2004 to August 2026. For that period, the average exchange rate for Malawi was 621.9895 Malawian Kwachas per USD with a minimum of 108.0845 Malawian Kwachas per USD in December 2004 and a maximum of 1737.5295 Malawian Kwachas per USD in May 2026. The most recent available data point is 1734.9774 Malawian Kwachas per USD, a change of -0.01% from the previous data point of 1735.102 Malawian Kwachas per USD and a change of 0.03% from a year ago when the level was 1734.3747 Malawian Kwachas per USD.

Currency values in Malawi and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.