Historic Malawian kwacha Bolivian boliviano

Malawian kwacha bolivian boliviano history for January 2024. The highest quote for this month is 0.004116 (06/01/2024) and the lowest 0.004116 (14/01/2024). The difference between high and low is 0.

MWK BOB average rate for January 2024 is 0.00404, the change between 01/01/2024 and 31/01/2024 is -0.77 %.

01 January 20241 MWK = 0.0040 BOB
02 January 20241 MWK = 0.0040 BOB
03 January 20241 MWK = 0.0040 BOB
04 January 20241 MWK = 0.0040 BOB
05 January 20241 MWK = 0.0040 BOB
06 January 20241 MWK = 0.0041 BOB
07 January 20241 MWK = 0.0041 BOB
08 January 20241 MWK = 0.0040 BOB
09 January 20241 MWK = 0.0040 BOB
10 January 20241 MWK = 0.0040 BOB
11 January 20241 MWK = 0.0040 BOB
12 January 20241 MWK = 0.0040 BOB
14 January 20241 MWK = 0.0041 BOB
15 January 20241 MWK = 0.0040 BOB
16 January 20241 MWK = 0.0040 BOB
17 January 20241 MWK = 0.0040 BOB
18 January 20241 MWK = 0.0040 BOB
19 January 20241 MWK = 0.0040 BOB
22 January 20241 MWK = 0.0040 BOB
23 January 20241 MWK = 0.0040 BOB
24 January 20241 MWK = 0.0040 BOB
25 January 20241 MWK = 0.0040 BOB
26 January 20241 MWK = 0.0040 BOB
28 January 20241 MWK = 0.0041 BOB
29 January 20241 MWK = 0.0040 BOB
30 January 20241 MWK = 0.0040 BOB
31 January 20241 MWK = 0.0040 BOB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.