Historic Bermudian dollar Malawian kwacha

Bermudian dollar malawian kwacha history for September 2023. The highest quote for this month is 1113.68 (20/09/2023) and the lowest 1103.86 (19/09/2023). The difference between high and low is 0.88.

BMD MWK average rate for September 2023 is 1074.03565, the change between 01/09/2023 and 30/09/2023 is -0.47 %.

01 September 20231 BMD = 1070.98 MWK
04 September 20231 BMD = 1070.16 MWK
05 September 20231 BMD = 1063.77 MWK
06 September 20231 BMD = 1055.49 MWK
07 September 20231 BMD = 1036.00 MWK
08 September 20231 BMD = 1067.00 MWK
12 September 20231 BMD = 1093.86 MWK
13 September 20231 BMD = 1084.00 MWK
14 September 20231 BMD = 1084.00 MWK
15 September 20231 BMD = 1067.00 MWK
18 September 20231 BMD = 1075.37 MWK
19 September 20231 BMD = 1095.00 MWK
20 September 20231 BMD = 1086.00 MWK
21 September 20231 BMD = 1090.00 MWK
22 September 20231 BMD = 1077.00 MWK
23 September 20231 BMD = 1078.24 MWK
24 September 20231 BMD = 1078.24 MWK
25 September 20231 BMD = 1075.65 MWK
26 September 20231 BMD = 1068.00 MWK
27 September 20231 BMD = 1077.00 MWK
28 September 20231 BMD = 1067.00 MWK
29 September 20231 BMD = 1067.00 MWK
30 September 20231 BMD = 1076.06 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
BMD MWK August 2023
BMD MWK September 2023
BMD MWK October 2023
BMD MWK November 2023
BMD MWK December 2023
BMD MWK January 2024
BMD MWK February 2024
BMD MWK March 2024
BMD MWK April 2024
BMD MWK May 2024
BMD MWK June 2024
BMD MWK July 2024