Historic Bermudian dollar Malawian kwacha

Bermudian dollar malawian kwacha history for December 2023. The highest quote for this month is 1690.87 (18/12/2023) and the lowest 1682.67 (25/12/2023). The difference between high and low is 0.48.

BMD MWK average rate for December 2023 is 1671.62643, the change between 01/12/2023 and 31/12/2023 is +0.82 %.

01 December 20231 BMD = 1679.82 MWK
02 December 20231 BMD = 1666.73 MWK
03 December 20231 BMD = 1666.73 MWK
04 December 20231 BMD = 1680.79 MWK
05 December 20231 BMD = 1669.00 MWK
06 December 20231 BMD = 1659.00 MWK
07 December 20231 BMD = 1681.85 MWK
08 December 20231 BMD = 1659.00 MWK
10 December 20231 BMD = 1666.76 MWK
11 December 20231 BMD = 1682.44 MWK
12 December 20231 BMD = 1667.00 MWK
13 December 20231 BMD = 1679.67 MWK
14 December 20231 BMD = 1669.00 MWK
15 December 20231 BMD = 1669.00 MWK
16 December 20231 BMD = 1666.73 MWK
17 December 20231 BMD = 1666.73 MWK
18 December 20231 BMD = 1688.80 MWK
19 December 20231 BMD = 1679.53 MWK
20 December 20231 BMD = 1666.00 MWK
21 December 20231 BMD = 1683.40 MWK
22 December 20231 BMD = 1665.00 MWK
23 December 20231 BMD = 1666.74 MWK
24 December 20231 BMD = 1666.74 MWK
25 December 20231 BMD = 1681.54 MWK
26 December 20231 BMD = 1681.54 MWK
27 December 20231 BMD = 1664.00 MWK
28 December 20231 BMD = 1666.00 MWK
29 December 20231 BMD = 1666.00 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.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

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.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

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.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

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.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.
BMD MWK July 2023
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