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FX Rate to USD (End of Period) rose 64.1% to 1,698 per USD in Malawi in 2023

FX Rate to USD (End of Period) (per USD), 2023
Economy | Malawi | November 24, 2024
$2.99
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FX rate to USD at the end of period rose 64.1% to 1,698 per USD in Malawi in 2023, according to the National Statistical Office.

Historically, FX rate to USD at the end of period in Malawi reached an all time high of 1,698 per USD in 2023 and an all time low of 0.357 per USD in 1950. When compared to Malawi's main peers, FX rate to USD at the end of period in Mozambique amounted to 63.9 per USD, 18.5 per USD in South Africa, 2,522 per USD in Tanzania and 25.7 per USD in Zambia in 2023.

Malawi has been ranked 17th within the group of 170 countries we follow in terms of FX rate to USD at the end of period, 22 places above the position seen 10 years ago.

FX Rate to USD (End of Period) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Angola per USD 166 309 482 656 555
Botswana per USD 9.87 10.7 10.6 10.8 11.7
Dem. Republic of the Congo per USD 1,592 1,636 1,673 1,972 2,000
Kenya per USD 103 102 101 109 113
Lesotho per USD 12.3 14.4 14.0 14.7 15.9
Malawi per USD 732 734 739 773 819
Mozambique per USD 59.0 61.5 61.5 74.9 63.8
Namibia per USD 12.4 14.4 14.1 14.6 15.9
South Africa per USD 12.3 14.4 14.0 14.7 15.9
Swaziland per USD 12.3 14.4 14.1 14.6 15.2
Tanzania per USD 2,230 2,281 2,288 2,298 2,298
Uganda per USD 3,635 3,713 3,665 3,650 3,544
Zambia per USD 9.92 11.9 14.1 21.2 16.7
Zimbabwe per USD 362 ... ... ... ... ... ...