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Zomba City Festival

Fri, 26 Apr 2024 10:00:00 UTC @ Botanic Garden - 2024 Zomba City Festival is schedulled to take place on 26 to 28 April at Botanic Garden in Zomba This is a festival for all ages in the historic mountain city of Zomba. Celebrate Cultu... More Info
Queens Club Shut Down

Fri, 26 Apr 2024 19:00:00 UTC @ Queens Club - Queens Club Presents "Queens Club Shut Down" with music performances by Kelly Kay, Charisma, Teddy Makadi and Praise Umali. The show will take place at Queens Club in Mzuzu on 26 April... More Info

Rate at which Malawi Kwacha has been depreciating against the U$ since 1985

How the Malawi Kwacha has been depreciating against the US Dollar over the past 30 years!

These rates are from Reserve Bank of Malawi. These are only the January quoted rates for each year for the past 30 years. Malawi Kwacha used to be 1.59 to the dollar 30 years ago! Today it is between 418 to 450 depending on who is selling it. Are we on the right track? Can something be done differently?

Jan-85 : 1.59
Jan-86 : 1.69
Jan-87 : 1.89
Jan-88 : 2.28
Jan-89 : 2.61
Jan-90 : 2.67
Jan-91 : 2.61
Jan-92 : 2.71
Jan-93 : 4.36
Jan-94 : 4.48
Jan-95 : 15.19
Jan-96 : 15.22
Jan-97 : 15.25
Jan-98 : 21.22
Jan-99 : 43.32
Jan-00 : 46.27
Jan-01 : 79.71
Jan-02 : 67.35
Jan-03 : 87.42
Jan-04 : 108.15
Jan-05 : 108.4
Jan-06 : 124.28
Jan-07 : 138.75
Jan-08 : 139.66
Jan-09 : 139.9
Jan-10 : 146.4
Jan-11 : 150.05
Jan-12 : 163.59
Jan-13 : 341.83
Jan-14 : 418.24

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