Historic Comorian Franc Malawian kwacha

Comorian Franc malawian kwacha history for January 2024. The highest quote for this month is 3.79 (01/01/2024) and the lowest 3.8007 (01/01/2024). The difference between high and low is -0.28.

KMF MWK average rate for January 2024 is 3.71092, the change between 01/01/2024 and 31/01/2024 is +3.32 %.

01 January 20241 KMF = 3.797 MWK
02 January 20241 KMF = 3.788 MWK
03 January 20241 KMF = 3.742 MWK
04 January 20241 KMF = 3.698 MWK
05 January 20241 KMF = 3.706 MWK
06 January 20241 KMF = 3.691 MWK
07 January 20241 KMF = 3.691 MWK
08 January 20241 KMF = 3.726 MWK
09 January 20241 KMF = 3.706 MWK
10 January 20241 KMF = 3.735 MWK
11 January 20241 KMF = 3.715 MWK
12 January 20241 KMF = 3.746 MWK
14 January 20241 KMF = 3.712 MWK
15 January 20241 KMF = 3.740 MWK
16 January 20241 KMF = 3.742 MWK
17 January 20241 KMF = 3.744 MWK
18 January 20241 KMF = 3.677 MWK
19 January 20241 KMF = 3.677 MWK
22 January 20241 KMF = 3.709 MWK
23 January 20241 KMF = 3.690 MWK
24 January 20241 KMF = 3.686 MWK
25 January 20241 KMF = 3.690 MWK
26 January 20241 KMF = 3.670 MWK
28 January 20241 KMF = 3.679 MWK
29 January 20241 KMF = 3.706 MWK
30 January 20241 KMF = 3.662 MWK
31 January 20241 KMF = 3.671 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.