Historic Barbadian dollar Malawian kwacha

Barbadian dollar malawian kwacha history for November 2023. The highest quote for this month is 854.02 (27/11/2023) and the lowest 855.82 (27/11/2023). The difference between high and low is -0.21.

BBD MWK average rate for November 2023 is 755.9752, the change between 01/11/2023 and 30/11/2023 is -47.83 %.

01 November 20231 BBD = 571.6 MWK
02 November 20231 BBD = 575.4 MWK
03 November 20231 BBD = 569.0 MWK
06 November 20231 BBD = 569.0 MWK
07 November 20231 BBD = 560.1 MWK
08 November 20231 BBD = 560.7 MWK
09 November 20231 BBD = 560.4 MWK
10 November 20231 BBD = 557.2 MWK
13 November 20231 BBD = 851.6 MWK
14 November 20231 BBD = 851.7 MWK
15 November 20231 BBD = 853.9 MWK
16 November 20231 BBD = 843.3 MWK
17 November 20231 BBD = 843.4 MWK
18 November 20231 BBD = 833.4 MWK
19 November 20231 BBD = 833.4 MWK
20 November 20231 BBD = 851.3 MWK
21 November 20231 BBD = 846.1 MWK
22 November 20231 BBD = 846.2 MWK
23 November 20231 BBD = 851.2 MWK
24 November 20231 BBD = 851.3 MWK
26 November 20231 BBD = 833.4 MWK
27 November 20231 BBD = 851.2 MWK
28 November 20231 BBD = 844.5 MWK
29 November 20231 BBD = 845.3 MWK
30 November 20231 BBD = 844.9 MWK

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.