Historic Malawian kwacha Colombian Peso

Malawian kwacha colombian peso history for December 2023. The highest quote for this month is 2.3927 (05/12/2023) and the lowest 2.8787 (15/12/2023). The difference between high and low is -20.31.

MWK COP average rate for December 2023 is 2.36272, the change between 01/12/2023 and 31/12/2023 is +2.56 %.

01 December 20231 MWK = 2.390 COP
02 December 20231 MWK = 2.377 COP
03 December 20231 MWK = 2.377 COP
04 December 20231 MWK = 2.364 COP
05 December 20231 MWK = 2.408 COP
06 December 20231 MWK = 2.417 COP
07 December 20231 MWK = 2.378 COP
08 December 20231 MWK = 2.410 COP
10 December 20231 MWK = 2.389 COP
11 December 20231 MWK = 2.347 COP
12 December 20231 MWK = 2.379 COP
13 December 20231 MWK = 2.374 COP
14 December 20231 MWK = 2.378 COP
15 December 20231 MWK = 2.375 COP
16 December 20231 MWK = 2.365 COP
17 December 20231 MWK = 2.365 COP
18 December 20231 MWK = 2.337 COP
19 December 20231 MWK = 2.342 COP
20 December 20231 MWK = 2.366 COP
21 December 20231 MWK = 2.340 COP
22 December 20231 MWK = 2.369 COP
23 December 20231 MWK = 2.344 COP
24 December 20231 MWK = 2.344 COP
25 December 20231 MWK = 2.322 COP
26 December 20231 MWK = 2.350 COP
27 December 20231 MWK = 2.319 COP
28 December 20231 MWK = 2.301 COP
29 December 20231 MWK = 2.329 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the 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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

10/04/2000: Introduction of New Kwacha Banknotes

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

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.