Colombian Peso malawian kwacha exchange rate history (COP MWK) August 2023

Colombian Peso malawian kwacha history for August 2023. The highest quote for this month is 0.27216 (11/08/2023) and the lowest 0.27695 (11/08/2023). The difference between high and low is -1.76.

COP MWK average rate for August 2023 is 0.26248, the change between 01/08/2023 and 31/08/2023 is +0.99 %.

01 August 2023	1 COP = 0.2652 MWK
02 August 2023	1 COP = 0.2608 MWK
03 August 2023	1 COP = 0.2594 MWK
04 August 2023	1 COP = 0.2515 MWK
07 August 2023	1 COP = 0.2544 MWK
08 August 2023	1 COP = 0.2683 MWK
09 August 2023	1 COP = 0.2669 MWK
10 August 2023	1 COP = 0.2668 MWK
11 August 2023	1 COP = 0.2712 MWK
12 August 2023	1 COP = 0.2686 MWK
14 August 2023	1 COP = 0.2740 MWK
15 August 2023	1 COP = 0.2632 MWK
16 August 2023	1 COP = 0.2606 MWK
17 August 2023	1 COP = 0.2591 MWK
18 August 2023	1 COP = 0.2595 MWK
19 August 2023	1 COP = 0.2609 MWK
20 August 2023	1 COP = 0.2609 MWK
21 August 2023	1 COP = 0.2619 MWK
22 August 2023	1 COP = 0.2617 MWK
23 August 2023	1 COP = 0.2598 MWK
24 August 2023	1 COP = 0.2610 MWK
25 August 2023	1 COP = 0.2603 MWK
28 August 2023	1 COP = 0.2607 MWK
29 August 2023	1 COP = 0.2624 MWK
30 August 2023	1 COP = 0.2630 MWK
31 August 2023	1 COP = 0.2626 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

10/04/2000: Introduction of New Kwacha Banknotes

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

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Colombian Peso Malawian kwacha