Historic Colombian Peso Malawian kwacha

Colombian Peso malawian kwacha history for November 2023. The highest quote for this month is 0.42218 (29/11/2023) and the lowest 0.42299 (29/11/2023). The difference between high and low is -0.19.

COP MWK average rate for November 2023 is 0.37035, the change between 01/11/2023 and 30/11/2023 is -52.51 %.

01 November 20231 COP = 0.2740 MWK
02 November 20231 COP = 0.2765 MWK
03 November 20231 COP = 0.2768 MWK
06 November 20231 COP = 0.2823 MWK
07 November 20231 COP = 0.2778 MWK
08 November 20231 COP = 0.2755 MWK
09 November 20231 COP = 0.2705 MWK
10 November 20231 COP = 0.2712 MWK
13 November 20231 COP = 0.4203 MWK
14 November 20231 COP = 0.4179 MWK
15 November 20231 COP = 0.4251 MWK
16 November 20231 COP = 0.4133 MWK
17 November 20231 COP = 0.4075 MWK
18 November 20231 COP = 0.4098 MWK
19 November 20231 COP = 0.4098 MWK
20 November 20231 COP = 0.4157 MWK
21 November 20231 COP = 0.4124 MWK
22 November 20231 COP = 0.4099 MWK
23 November 20231 COP = 0.4129 MWK
24 November 20231 COP = 0.4135 MWK
26 November 20231 COP = 0.4129 MWK
27 November 20231 COP = 0.4176 MWK
28 November 20231 COP = 0.4158 MWK
29 November 20231 COP = 0.4217 MWK
30 November 20231 COP = 0.4179 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.
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