Historic Chilean Peso Malawian kwacha

Chilean Peso malawian kwacha history for December 2023. The highest quote for this month is 1.9548 (02/12/2023) and the lowest 1.9562 (18/12/2023). The difference between high and low is -0.07.

CLP MWK average rate for December 2023 is 1.9191, the change between 01/12/2023 and 31/12/2023 is +2.44 %.

01 December 20231 CLP = 1.930 MWK
02 December 20231 CLP = 1.955 MWK
03 December 20231 CLP = 1.955 MWK
04 December 20231 CLP = 1.964 MWK
05 December 20231 CLP = 1.924 MWK
06 December 20231 CLP = 1.889 MWK
07 December 20231 CLP = 1.932 MWK
08 December 20231 CLP = 1.902 MWK
10 December 20231 CLP = 1.923 MWK
11 December 20231 CLP = 1.956 MWK
12 December 20231 CLP = 1.890 MWK
13 December 20231 CLP = 1.916 MWK
14 December 20231 CLP = 1.908 MWK
15 December 20231 CLP = 1.929 MWK
16 December 20231 CLP = 1.924 MWK
17 December 20231 CLP = 1.924 MWK
18 December 20231 CLP = 1.969 MWK
19 December 20231 CLP = 1.922 MWK
20 December 20231 CLP = 1.932 MWK
21 December 20231 CLP = 1.935 MWK
22 December 20231 CLP = 1.895 MWK
24 December 20231 CLP = 1.877 MWK
25 December 20231 CLP = 1.947 MWK
26 December 20231 CLP = 1.885 MWK
27 December 20231 CLP = 1.865 MWK
28 December 20231 CLP = 1.885 MWK
29 December 20231 CLP = 1.883 MWK

13/05/2020: Introduction of New Thousand Kwacha Banknotes

Malawi introduced new banknotes with higher denominations to address issues of inflation and to streamline transactions in a cash-based economy.

01/05/2016: Currency Floatation

The Malawian government allowed the kwacha to float freely against other currencies, leading to a significant depreciation of the currency.

07/08/2012: Introduction of New Kwacha Coins

Malawi introduced new coins to replace smaller denominations of the kwacha banknotes, facilitating transactions and reducing the cost of producing money.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

14/06/1994: Malawi's First Multiparty Democratic Elections

Malawi held its first multiparty democratic elections, leading to a political and economic transition which affected the value of the kwacha.

01/09/1979: First Devaluation of the Kwacha

The Malawian government devalued the kwacha by 30% in response to economic challenges and to promote exports.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

06/07/1971: Introduction of the Malawian Kwacha

The Malawian Kwacha (MWK) was introduced as the official currency of Malawi, replacing the Malawian pound at a rate of 2 kwacha = 1 pound.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.