Historic Comorian Franc Malawian kwacha

Comorian Franc malawian kwacha history for February 2024. The highest quote for this month is 3.7223 (05/02/2024) and the lowest 21.359 (16/02/2024). The difference between high and low is -473.81.

KMF MWK average rate for February 2024 is 3.66501, the change between 01/02/2024 and 29/02/2024 is -0.67 %.

01 February 20241 KMF = 3.668 MWK
02 February 20241 KMF = 3.678 MWK
03 February 20241 KMF = 3.655 MWK
04 February 20241 KMF = 3.655 MWK
05 February 20241 KMF = 3.717 MWK
06 February 20241 KMF = 3.688 MWK
07 February 20241 KMF = 3.638 MWK
08 February 20241 KMF = 3.646 MWK
09 February 20241 KMF = 3.649 MWK
12 February 20241 KMF = 3.680 MWK
13 February 20241 KMF = 3.654 MWK
14 February 20241 KMF = 3.627 MWK
15 February 20241 KMF = 3.634 MWK
16 February 20241 KMF = 3.646 MWK
17 February 20241 KMF = 3.640 MWK
18 February 20241 KMF = 3.640 MWK
19 February 20241 KMF = 3.676 MWK
20 February 20241 KMF = 3.683 MWK
21 February 20241 KMF = 3.660 MWK
22 February 20241 KMF = 3.660 MWK
23 February 20241 KMF = 3.666 MWK
24 February 20241 KMF = 3.668 MWK
25 February 20241 KMF = 3.668 MWK
26 February 20241 KMF = 3.692 MWK
27 February 20241 KMF = 3.704 MWK
28 February 20241 KMF = 3.675 MWK
29 February 20241 KMF = 3.693 MWK

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.