01/01/2022: Removal of monarchy symbol
Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.
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.
21/07/2017: Commencement of New Series Polymer Banknotes
New series of polymer banknotes with modern designs entered circulation.
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.
05/05/2013: Upgrade of polymer banknotes
Introduction of new polymer banknotes with enhanced security features.
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.
01/07/2011: Introduction of Brunei-Indonesia Currency Agreement
Brunei dollar became interchangeable with Indonesian rupiah in specified regions.
10/04/2000: Introduction of New Kwacha Banknotes
Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.
18/03/1996: Change in currency regime
Brunei dollar became fully backed by foreign exchange reserves instead of gold.
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.
12/06/1973: Establishment of Brunei Currency Board
Currency Board assumed responsibility for the issuance and management of Brunei dollar.
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.
27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement
Brunei and Singapore dollars became interchangeable at par.