Historic Barbadian dollar Malawian kwacha

Barbadian dollar malawian kwacha history for September 2023. The highest quote for this month is 563.82 (20/09/2023) and the lowest 560.82 (19/09/2023). The difference between high and low is 0.53.

BBD MWK average rate for September 2023 is 543.53087, the change between 01/09/2023 and 30/09/2023 is +0.87 %.

01 September 20231 BBD = 542.7 MWK
04 September 20231 BBD = 540.0 MWK
05 September 20231 BBD = 538.8 MWK
06 September 20231 BBD = 534.3 MWK
07 September 20231 BBD = 525.6 MWK
08 September 20231 BBD = 541.1 MWK
12 September 20231 BBD = 555.4 MWK
13 September 20231 BBD = 549.4 MWK
14 September 20231 BBD = 549.4 MWK
15 September 20231 BBD = 541.0 MWK
18 September 20231 BBD = 546.2 MWK
19 September 20231 BBD = 555.3 MWK
20 September 20231 BBD = 550.6 MWK
21 September 20231 BBD = 552.4 MWK
22 September 20231 BBD = 545.8 MWK
23 September 20231 BBD = 539.1 MWK
24 September 20231 BBD = 539.1 MWK
25 September 20231 BBD = 547.4 MWK
26 September 20231 BBD = 541.8 MWK
27 September 20231 BBD = 546.2 MWK
28 September 20231 BBD = 540.6 MWK
29 September 20231 BBD = 541.1 MWK
30 September 20231 BBD = 538.0 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.