Malawian Kwacha Inflation Calculator
MWK 10,000 in 1980 has the same buying power as MWK 34,643,565 in 2026.
Convert Malawian Kwacha between any two years
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MWK 10,000 in 2001 is worth MWK 411,472 in 2026
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Inflation analysis
Inflation in Malawi
Malawi inflation is 24.40% in 2026, following 28.37% in 2025. 47 years of data are available, from 1980.
This page covers 47 years of Malawi consumer price data, from 1980 to 2026. The steepest single year on record was 1995, when consumer prices in Malawi rose 83.3%. A rate that high compounds brutally: at that pace money loses about half its value every two years.
Prices have not fallen across a full year once in the 46 years recorded here. Every year on this page moves in the same direction, which is why an amount of money always buys less later than earlier. By decade, the 1990s were the most inflationary stretch, averaging 31.0% a year, while the 2000s were the calmest at 14.3%. Over the last ten years inflation has averaged 18.6% a year, close to the 20.0% average across the whole record.
Malawi CPI and inflation rate by year
The full annual series behind this calculator, from 1980 to 2026. The final column shows what MWK 10,000 in that year is worth in 2026 money.
| Year | CPI index | Inflation | MWK 10,000 then, in 2026 |
|---|---|---|---|
| 2026 | 651.84 | 24.40% | MWK 10,000 |
| 2025 | 523.99 | 28.37% | MWK 12,440 |
| 2024 | 408.19 | 32.18% | MWK 15,969 |
| 2023 | 308.81 | 28.79% | MWK 21,108 |
| 2022 | 239.78 | 20.95% | MWK 27,185 |
| 2021 | 198.24 | 9.33% | MWK 32,881 |
| 2020 | 181.32 | 8.63% | MWK 35,949 |
| 2019 | 166.92 | 9.37% | MWK 39,050 |
| 2018 | 152.62 | 12.42% | MWK 42,709 |
| 2017 | 135.76 | 11.54% | MWK 48,014 |
| 2016 | 121.71 | 21.71% | MWK 53,557 |
| 2015 | 100.00 | 21.87% | MWK 65,184 |
| 2014 | 82.06 | 23.79% | MWK 79,438 |
| 2013 | 66.29 | 27.28% | MWK 98,338 |
| 2012 | 52.08 | 21.27% | MWK 125,168 |
| 2011 | 42.94 | 7.62% | MWK 151,793 |
| 2010 | 39.90 | 7.41% | MWK 163,364 |
| 2009 | 37.15 | 8.42% | MWK 175,472 |
| 2008 | 34.26 | 8.71% | MWK 190,250 |
| 2007 | 31.52 | 7.95% | MWK 206,826 |
| 2006 | 29.19 | 13.97% | MWK 223,273 |
| 2005 | 25.62 | 15.41% | MWK 254,474 |
| 2004 | 22.19 | 11.43% | MWK 293,689 |
| 2003 | 19.92 | 9.58% | MWK 327,258 |
| 2002 | 18.18 | 14.74% | MWK 358,598 |
| 2001 | 15.84 | 22.70% | MWK 411,472 |
| 2000 | 12.91 | 29.58% | MWK 504,877 |
| 1999 | 9.96 | 44.80% | MWK 654,227 |
| 1998 | 6.88 | 29.75% | MWK 947,347 |
| 1997 | 5.30 | 9.14% | MWK 1,229,170 |
| 1996 | 4.86 | 37.60% | MWK 1,341,484 |
| 1995 | 3.53 | 83.33% | MWK 1,845,909 |
| 1994 | 1.93 | 34.65% | MWK 3,384,028 |
| 1993 | 1.43 | 22.77% | MWK 4,556,581 |
| 1992 | 1.17 | 23.75% | MWK 5,594,238 |
| 1991 | 0.94 | 12.62% | MWK 6,922,945 |
| 1990 | 0.84 | 11.82% | MWK 7,796,296 |
| 1989 | 0.75 | 12.45% | MWK 8,718,094 |
| 1988 | 0.66 | 33.91% | MWK 9,803,180 |
| 1987 | 0.50 | 25.16% | MWK 13,127,650 |
| 1986 | 0.40 | 14.05% | MWK 16,429,923 |
| 1985 | 0.35 | 10.52% | MWK 18,737,813 |
| 1984 | 0.31 | 20.03% | MWK 20,708,839 |
| 1983 | 0.26 | 13.50% | MWK 24,856,054 |
| 1982 | 0.23 | 9.82% | MWK 28,212,245 |
| 1981 | 0.21 | 11.81% | MWK 30,983,015 |
| 1980 | 0.19 | — | MWK 34,643,565 |
Popular Malawian Kwacha comparisons
- MWK 10,000 in 2025 → MWK 12,440
- MWK 10,000 in 2024 → MWK 15,969
- MWK 10,000 in 2023 → MWK 21,108
- MWK 10,000 in 2022 → MWK 27,185
- MWK 10,000 in 2021 → MWK 32,881
- MWK 10,000 in 2020 → MWK 35,949
- MWK 10,000 in 2010 → MWK 163,364
- MWK 10,000 in 2000 → MWK 504,877
- MWK 10,000 in 1990 → MWK 7,796,296
- MWK 10,000 in 1980 → MWK 34,643,565
Browse every year
A detailed page for each start year, from 1980 to 2025.
Malawi inflation FAQ
- What is the current inflation rate in Malawi?
- Malawi inflation was 24.40% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025.
- How much has Malawian Kwacha lost in value since 1980?
- MWK 10,000 in 1980 has the same purchasing power as MWK 34,643,565 in 2026. That is cumulative inflation of 346,335.65% over 46 years, an average of 19.38% per year.
- What years does this Malawi inflation calculator cover?
- This calculator covers 47 years, from 1980 to 2026. You can convert an amount between any two years in that range.
- Can Malawian Kwacha inflation be negative?
- Yes. Negative inflation, or deflation, means prices fell and Malawian Kwacha gained purchasing power over that year. Malawi has not recorded a single year of falling prices in this dataset, which covers 47 years.
- What is the difference between CPI and the inflation rate?
- The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.
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