Historic Malawian kwacha Brunei dollar

Malawian kwacha brunei dollar history for August 2023. The highest quote for this month is 0.001267 (12/08/2023) and the lowest 0.001267 (12/08/2023). The difference between high and low is 0.

MWK BND average rate for August 2023 is 0.00125, the change between 01/08/2023 and 31/08/2023 is +1.9 %.

01 August 20231 MWK = 0.0013 BND
02 August 20231 MWK = 0.0013 BND
03 August 20231 MWK = 0.0013 BND
04 August 20231 MWK = 0.0013 BND
07 August 20231 MWK = 0.0013 BND
08 August 20231 MWK = 0.0012 BND
09 August 20231 MWK = 0.0012 BND
10 August 20231 MWK = 0.0012 BND
11 August 20231 MWK = 0.0012 BND
12 August 20231 MWK = 0.0013 BND
14 August 20231 MWK = 0.0012 BND
15 August 20231 MWK = 0.0013 BND
16 August 20231 MWK = 0.0013 BND
17 August 20231 MWK = 0.0013 BND
18 August 20231 MWK = 0.0013 BND
19 August 20231 MWK = 0.0013 BND
20 August 20231 MWK = 0.0013 BND
21 August 20231 MWK = 0.0012 BND
22 August 20231 MWK = 0.0013 BND
23 August 20231 MWK = 0.0012 BND
24 August 20231 MWK = 0.0013 BND
25 August 20231 MWK = 0.0013 BND
28 August 20231 MWK = 0.0012 BND
29 August 20231 MWK = 0.0012 BND
30 August 20231 MWK = 0.0012 BND
31 August 20231 MWK = 0.0012 BND

01/01/2022: Removal of monarchy symbol

Brunei currency no longer featured the portrait of the Sultan as part of efforts to modernize the banknotes.

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.

21/07/2017: Commencement of New Series Polymer Banknotes

New series of polymer banknotes with modern designs entered circulation.

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.

05/05/2013: Upgrade of polymer banknotes

Introduction of new polymer banknotes with enhanced security features.

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.

01/07/2011: Introduction of Brunei-Indonesia Currency Agreement

Brunei dollar became interchangeable with Indonesian rupiah in specified regions.

10/04/2000: Introduction of New Kwacha Banknotes

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

18/03/1996: Change in currency regime

Brunei dollar became fully backed by foreign exchange reserves instead of gold.

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.

12/06/1973: Establishment of Brunei Currency Board

Currency Board assumed responsibility for the issuance and management of Brunei dollar.

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.

27/07/1967: Introduction of Brunei and Singapore Currency Interchangeability Agreement

Brunei and Singapore dollars became interchangeable at par.