Historic Brunei dollar Malawian kwacha

Brunei dollar malawian kwacha history for February 2024. The highest quote for this month is 1279.91 (05/02/2024) and the lowest 1272.14 (27/02/2024). The difference between high and low is 0.61.

BND MWK average rate for February 2024 is 1259.50444, the change between 01/02/2024 and 29/02/2024 is -0.31 %.

01 February 20241 BND = 1265.58 MWK
02 February 20241 BND = 1264.30 MWK
03 February 20241 BND = 1242.16 MWK
04 February 20241 BND = 1242.16 MWK
05 February 20241 BND = 1279.91 MWK
06 February 20241 BND = 1270.13 MWK
07 February 20241 BND = 1258.73 MWK
08 February 20241 BND = 1262.17 MWK
09 February 20241 BND = 1258.38 MWK
12 February 20241 BND = 1269.70 MWK
13 February 20241 BND = 1260.67 MWK
14 February 20241 BND = 1260.23 MWK
15 February 20241 BND = 1256.00 MWK
16 February 20241 BND = 1258.73 MWK
17 February 20241 BND = 1238.10 MWK
18 February 20241 BND = 1238.65 MWK
19 February 20241 BND = 1269.92 MWK
20 February 20241 BND = 1270.10 MWK
21 February 20241 BND = 1260.15 MWK
22 February 20241 BND = 1260.84 MWK
23 February 20241 BND = 1263.49 MWK
24 February 20241 BND = 1241.24 MWK
25 February 20241 BND = 1241.24 MWK
26 February 20241 BND = 1271.04 MWK
27 February 20241 BND = 1271.38 MWK
28 February 20241 BND = 1262.15 MWK
29 February 20241 BND = 1269.47 MWK

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.