Historic Brunei dollar Malawian kwacha

Brunei dollar malawian kwacha history for January 2024. The highest quote for this month is 1295.32 (01/01/2024) and the lowest 1295.32 (01/01/2024). The difference between high and low is 0.

BND MWK average rate for January 2024 is 1271.10926, the change between 01/01/2024 and 31/01/2024 is +2.32 %.

01 January 20241 BND = 1295.32 MWK
02 January 20241 BND = 1295.32 MWK
03 January 20241 BND = 1277.35 MWK
04 January 20241 BND = 1275.78 MWK
05 January 20241 BND = 1275.79 MWK
06 January 20241 BND = 1254.22 MWK
07 January 20241 BND = 1254.22 MWK
08 January 20241 BND = 1283.46 MWK
09 January 20241 BND = 1274.00 MWK
10 January 20241 BND = 1283.79 MWK
11 January 20241 BND = 1273.56 MWK
12 January 20241 BND = 1285.44 MWK
14 January 20241 BND = 1252.15 MWK
15 January 20241 BND = 1282.73 MWK
16 January 20241 BND = 1281.70 MWK
17 January 20241 BND = 1274.89 MWK
18 January 20241 BND = 1259.72 MWK
19 January 20241 BND = 1259.96 MWK
22 January 20241 BND = 1274.34 MWK
23 January 20241 BND = 1264.25 MWK
24 January 20241 BND = 1263.16 MWK
25 January 20241 BND = 1266.86 MWK
26 January 20241 BND = 1264.24 MWK
28 January 20241 BND = 1243.09 MWK
29 January 20241 BND = 1275.49 MWK
30 January 20241 BND = 1263.85 MWK
31 January 20241 BND = 1265.27 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.