Historic Fijian Dollar Malawian kwacha

Fijian Dollar malawian kwacha history for January 2024. The highest quote for this month is 772.09 (01/01/2024) and the lowest 771.67 (01/01/2024). The difference between high and low is 0.05.

FJD MWK average rate for January 2024 is 752.45043, the change between 01/01/2024 and 31/01/2024 is +2.78 %.

01 January 20241 FJD = 771.0 MWK
02 January 20241 FJD = 771.7 MWK
03 January 20241 FJD = 750.8 MWK
04 January 20241 FJD = 749.0 MWK
05 January 20241 FJD = 756.5 MWK
08 January 20241 FJD = 761.1 MWK
09 January 20241 FJD = 749.5 MWK
10 January 20241 FJD = 754.1 MWK
11 January 20241 FJD = 747.7 MWK
12 January 20241 FJD = 753.8 MWK
15 January 20241 FJD = 762.9 MWK
16 January 20241 FJD = 759.0 MWK
17 January 20241 FJD = 756.9 MWK
18 January 20241 FJD = 746.8 MWK
19 January 20241 FJD = 748.0 MWK
22 January 20241 FJD = 755.0 MWK
23 January 20241 FJD = 739.2 MWK
24 January 20241 FJD = 738.5 MWK
25 January 20241 FJD = 740.4 MWK
26 January 20241 FJD = 748.1 MWK
29 January 20241 FJD = 754.7 MWK
30 January 20241 FJD = 742.4 MWK
31 January 20241 FJD = 749.5 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.

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian 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.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.