Bahamian dollar malawian kwacha exchange rate history (BSD MWK) October 2023

Bahamian dollar malawian kwacha history for October 2023. The highest quote for this month is 1166.35 (03/10/2023) and the lowest 1163.38 (09/10/2023). The difference between high and low is 0.25.

BSD MWK average rate for October 2023 is 1137.68, the change between 01/10/2023 and 31/10/2023 is -5.5 %.

01 October 2023	1 BSD = 1076.06 MWK
02 October 2023	1 BSD = 1084.45 MWK
03 October 2023	1 BSD = 1072.62 MWK
04 October 2023	1 BSD = 1089.28 MWK
05 October 2023	1 BSD = 1146.86 MWK
06 October 2023	1 BSD = 1163.27 MWK
07 October 2023	1 BSD = 1154.74 MWK
09 October 2023	1 BSD = 1163.38 MWK
10 October 2023	1 BSD = 1161.99 MWK
11 October 2023	1 BSD = 1149.01 MWK
12 October 2023	1 BSD = 1142.38 MWK
13 October 2023	1 BSD = 1145.55 MWK
16 October 2023	1 BSD = 1163.38 MWK
17 October 2023	1 BSD = 1144.23 MWK
18 October 2023	1 BSD = 1152.11 MWK
19 October 2023	1 BSD = 1157.93 MWK
20 October 2023	1 BSD = 1144.98 MWK
21 October 2023	1 BSD = 1143.86 MWK
22 October 2023	1 BSD = 1143.83 MWK
23 October 2023	1 BSD = 1159.87 MWK
24 October 2023	1 BSD = 1147.06 MWK
25 October 2023	1 BSD = 1135.44 MWK
26 October 2023	1 BSD = 1128.52 MWK
27 October 2023	1 BSD = 1128.27 MWK
28 October 2023	1 BSD = 1137.29 MWK
29 October 2023	1 BSD = 1137.29 MWK
30 October 2023	1 BSD = 1146.10 MWK
31 October 2023	1 BSD = 1135.29 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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

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.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.

Historic Bahamian dollar Malawian kwacha