Historic Costa Rican colón Malawian kwacha

Costa Rican colón malawian kwacha history for February 2024. The highest quote for this month is 3.3597 (01/02/2024) and the lowest 3.3597 (29/02/2024). The difference between high and low is 0.

CRC MWK average rate for February 2024 is 3.30892, the change between 01/02/2024 and 29/02/2024 is -0.48 %.

01 February 20241 CRC = 3.334 MWK
02 February 20241 CRC = 3.334 MWK
03 February 20241 CRC = 3.252 MWK
04 February 20241 CRC = 3.252 MWK
05 February 20241 CRC = 3.337 MWK
06 February 20241 CRC = 3.334 MWK
07 February 20241 CRC = 3.305 MWK
08 February 20241 CRC = 3.306 MWK
09 February 20241 CRC = 3.305 MWK
12 February 20241 CRC = 3.334 MWK
13 February 20241 CRC = 3.308 MWK
14 February 20241 CRC = 3.307 MWK
15 February 20241 CRC = 3.304 MWK
16 February 20241 CRC = 3.303 MWK
17 February 20241 CRC = 3.246 MWK
18 February 20241 CRC = 3.246 MWK
19 February 20241 CRC = 3.337 MWK
20 February 20241 CRC = 3.351 MWK
21 February 20241 CRC = 3.323 MWK
22 February 20241 CRC = 3.329 MWK
23 February 20241 CRC = 3.318 MWK
24 February 20241 CRC = 3.252 MWK
25 February 20241 CRC = 3.252 MWK
26 February 20241 CRC = 3.349 MWK
27 February 20241 CRC = 3.352 MWK
28 February 20241 CRC = 3.322 MWK
29 February 20241 CRC = 3.350 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.

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

10/04/2000: Introduction of New Kwacha Banknotes

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

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
CRC MWK January 2024
CRC MWK February 2024
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