Historic Burundian Franc Malawian kwacha

Burundian Franc malawian kwacha history for December 2023. The highest quote for this month is 0.59593 (01/12/2023) and the lowest 0.81805 (06/12/2023). The difference between high and low is -37.27.

BIF MWK average rate for December 2023 is 0.59108, the change between 01/12/2023 and 31/12/2023 is +1.03 %.

01 December 20231 BIF = 0.5946 MWK
02 December 20231 BIF = 0.5892 MWK
03 December 20231 BIF = 0.5892 MWK
04 December 20231 BIF = 0.5959 MWK
05 December 20231 BIF = 0.5908 MWK
06 December 20231 BIF = 0.5873 MWK
07 December 20231 BIF = 0.5958 MWK
08 December 20231 BIF = 0.5864 MWK
10 December 20231 BIF = 0.5889 MWK
11 December 20231 BIF = 0.5957 MWK
12 December 20231 BIF = 0.5893 MWK
13 December 20231 BIF = 0.5956 MWK
14 December 20231 BIF = 0.5918 MWK
15 December 20231 BIF = 0.5898 MWK
16 December 20231 BIF = 0.5887 MWK
17 December 20231 BIF = 0.5887 MWK
18 December 20231 BIF = 0.5954 MWK
19 December 20231 BIF = 0.5939 MWK
20 December 20231 BIF = 0.5885 MWK
21 December 20231 BIF = 0.5948 MWK
22 December 20231 BIF = 0.5881 MWK
23 December 20231 BIF = 0.5886 MWK
24 December 20231 BIF = 0.5884 MWK
25 December 20231 BIF = 0.5952 MWK
26 December 20231 BIF = 0.5948 MWK
27 December 20231 BIF = 0.5878 MWK
28 December 20231 BIF = 0.5887 MWK
29 December 20231 BIF = 0.5885 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.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

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.

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.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

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.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

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.

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.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.
BIF MWK July 2023
BIF MWK August 2023
BIF MWK September 2023
BIF MWK October 2023
BIF MWK November 2023
BIF MWK December 2023
BIF MWK January 2024
BIF MWK February 2024
BIF MWK March 2024
BIF MWK April 2024
BIF MWK May 2024
BIF MWK June 2024
BIF MWK July 2024