Historic Brunei dollar Malawian kwacha

Brunei dollar malawian kwacha history for October 2023. The highest quote for this month is 861.08 (10/10/2023) and the lowest 860.56 (09/10/2023). The difference between high and low is 0.06.

BND MWK average rate for October 2023 is 838.01821, the change between 01/10/2023 and 31/10/2023 is -6.58 %.

01 October 20231 BND = 788.1 MWK
02 October 20231 BND = 804.8 MWK
03 October 20231 BND = 790.3 MWK
04 October 20231 BND = 800.9 MWK
05 October 20231 BND = 844.6 MWK
06 October 20231 BND = 858.0 MWK
07 October 20231 BND = 846.2 MWK
09 October 20231 BND = 860.6 MWK
10 October 20231 BND = 858.2 MWK
11 October 20231 BND = 850.5 MWK
12 October 20231 BND = 847.0 MWK
13 October 20231 BND = 849.9 MWK
16 October 20231 BND = 858.5 MWK
17 October 20231 BND = 844.3 MWK
18 October 20231 BND = 850.4 MWK
19 October 20231 BND = 854.4 MWK
20 October 20231 BND = 842.8 MWK
21 October 20231 BND = 833.5 MWK
22 October 20231 BND = 833.7 MWK
23 October 20231 BND = 854.2 MWK
24 October 20231 BND = 844.6 MWK
25 October 20231 BND = 839.2 MWK
26 October 20231 BND = 832.6 MWK
27 October 20231 BND = 831.6 MWK
28 October 20231 BND = 830.1 MWK
29 October 20231 BND = 830.1 MWK
30 October 20231 BND = 845.5 MWK
31 October 20231 BND = 840.0 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.
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