Historic Malawian kwacha Bangladeshi Taka

Malawian kwacha bangladeshi taka history for February 2024. The highest quote for this month is 0.065697 (04/02/2024) and the lowest 0.065685 (17/02/2024). The difference between high and low is 0.02.

MWK BDT average rate for February 2024 is 0.06489, the change between 01/02/2024 and 29/02/2024 is +0.76 %.

01 February 20241 MWK = 0.0648 BDT
02 February 20241 MWK = 0.0649 BDT
03 February 20241 MWK = 0.0656 BDT
04 February 20241 MWK = 0.0657 BDT
05 February 20241 MWK = 0.0644 BDT
06 February 20241 MWK = 0.0643 BDT
07 February 20241 MWK = 0.0649 BDT
08 February 20241 MWK = 0.0649 BDT
09 February 20241 MWK = 0.0649 BDT
12 February 20241 MWK = 0.0643 BDT
13 February 20241 MWK = 0.0649 BDT
14 February 20241 MWK = 0.0649 BDT
15 February 20241 MWK = 0.0649 BDT
16 February 20241 MWK = 0.0648 BDT
17 February 20241 MWK = 0.0657 BDT
18 February 20241 MWK = 0.0657 BDT
19 February 20241 MWK = 0.0643 BDT
20 February 20241 MWK = 0.0644 BDT
21 February 20241 MWK = 0.0649 BDT
22 February 20241 MWK = 0.0649 BDT
23 February 20241 MWK = 0.0649 BDT
24 February 20241 MWK = 0.0657 BDT
25 February 20241 MWK = 0.0657 BDT
26 February 20241 MWK = 0.0644 BDT
27 February 20241 MWK = 0.0644 BDT
28 February 20241 MWK = 0.0649 BDT
29 February 20241 MWK = 0.0643 BDT

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.

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

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.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

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.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.