Malawian kwacha colombian peso exchange rate history (MWK COP) October 2023

Malawian kwacha colombian peso history for October 2023. The highest quote for this month is 3.8364 (07/10/2023) and the lowest 3.8828 (03/10/2023). The difference between high and low is -1.21.

MWK COP average rate for October 2023 is 3.7195, the change between 01/10/2023 and 31/10/2023 is +4.87 %.

01 October 2023	1 MWK = 3.787 COP
02 October 2023	1 MWK = 3.776 COP
03 October 2023	1 MWK = 3.903 COP
04 October 2023	1 MWK = 3.895 COP
05 October 2023	1 MWK = 3.766 COP
06 October 2023	1 MWK = 3.773 COP
07 October 2023	1 MWK = 3.745 COP
09 October 2023	1 MWK = 3.759 COP
10 October 2023	1 MWK = 3.739 COP
11 October 2023	1 MWK = 3.703 COP
12 October 2023	1 MWK = 3.714 COP
13 October 2023	1 MWK = 3.749 COP
16 October 2023	1 MWK = 3.663 COP
17 October 2023	1 MWK = 3.729 COP
18 October 2023	1 MWK = 3.672 COP
19 October 2023	1 MWK = 3.693 COP
20 October 2023	1 MWK = 3.745 COP
21 October 2023	1 MWK = 3.696 COP
22 October 2023	1 MWK = 3.696 COP
23 October 2023	1 MWK = 3.682 COP
24 October 2023	1 MWK = 3.698 COP
25 October 2023	1 MWK = 3.736 COP
26 October 2023	1 MWK = 3.734 COP
27 October 2023	1 MWK = 3.691 COP
28 October 2023	1 MWK = 3.606 COP
29 October 2023	1 MWK = 3.606 COP
30 October 2023	1 MWK = 3.594 COP
31 October 2023	1 MWK = 3.603 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.

Historic Malawian kwacha Colombian Peso