Historic Malawian kwacha Barbadian dollar

Malawian kwacha barbadian dollar history for January 2024. The highest quote for this month is 0.0012 (06/01/2024) and the lowest 0.0012 (06/01/2024). The difference between high and low is 0.

MWK BBD average rate for January 2024 is 0.00118, the change between 01/01/2024 and 31/01/2024 is -0.77 %.

01 January 20241 MWK = 0.0012 BBD
02 January 20241 MWK = 0.0012 BBD
03 January 20241 MWK = 0.0012 BBD
04 January 20241 MWK = 0.0012 BBD
05 January 20241 MWK = 0.0012 BBD
06 January 20241 MWK = 0.0012 BBD
07 January 20241 MWK = 0.0012 BBD
08 January 20241 MWK = 0.0012 BBD
09 January 20241 MWK = 0.0012 BBD
10 January 20241 MWK = 0.0012 BBD
11 January 20241 MWK = 0.0012 BBD
12 January 20241 MWK = 0.0012 BBD
14 January 20241 MWK = 0.0012 BBD
15 January 20241 MWK = 0.0012 BBD
16 January 20241 MWK = 0.0012 BBD
17 January 20241 MWK = 0.0012 BBD
18 January 20241 MWK = 0.0012 BBD
19 January 20241 MWK = 0.0012 BBD
22 January 20241 MWK = 0.0012 BBD
23 January 20241 MWK = 0.0012 BBD
24 January 20241 MWK = 0.0012 BBD
25 January 20241 MWK = 0.0012 BBD
26 January 20241 MWK = 0.0012 BBD
28 January 20241 MWK = 0.0012 BBD
29 January 20241 MWK = 0.0012 BBD
30 January 20241 MWK = 0.0012 BBD
31 January 20241 MWK = 0.0012 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.