Historic Burundian Franc Malawian kwacha

Burundian Franc malawian kwacha history for November 2023. The highest quote for this month is 0.59667 (27/11/2023) and the lowest 0.59933 (27/11/2023). The difference between high and low is -0.45.

BIF MWK average rate for November 2023 is 0.52924, the change between 01/11/2023 and 30/11/2023 is -48.6 %.

01 November 20231 BIF = 0.3970 MWK
02 November 20231 BIF = 0.4033 MWK
03 November 20231 BIF = 0.3988 MWK
06 November 20231 BIF = 0.3988 MWK
07 November 20231 BIF = 0.3913 MWK
08 November 20231 BIF = 0.3913 MWK
09 November 20231 BIF = 0.3919 MWK
10 November 20231 BIF = 0.3893 MWK
13 November 20231 BIF = 0.5967 MWK
14 November 20231 BIF = 0.5949 MWK
15 November 20231 BIF = 0.5957 MWK
16 November 20231 BIF = 0.5894 MWK
17 November 20231 BIF = 0.5892 MWK
18 November 20231 BIF = 0.5896 MWK
19 November 20231 BIF = 0.5896 MWK
20 November 20231 BIF = 0.5964 MWK
21 November 20231 BIF = 0.5904 MWK
22 November 20231 BIF = 0.5906 MWK
23 November 20231 BIF = 0.5963 MWK
24 November 20231 BIF = 0.5962 MWK
26 November 20231 BIF = 0.5894 MWK
27 November 20231 BIF = 0.5962 MWK
28 November 20231 BIF = 0.5894 MWK
29 November 20231 BIF = 0.5897 MWK
30 November 20231 BIF = 0.5899 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