Historic Malawian kwacha Costa Rican colón

Malawian kwacha costa rican colón history for February 2024. The highest quote for this month is 0.30859 (03/02/2024) and the lowest 0.30807 (17/02/2024). The difference between high and low is 0.17.

MWK CRC average rate for February 2024 is 0.30225, the change between 01/02/2024 and 29/02/2024 is +0.48 %.

01 February 20241 MWK = 0.2999 CRC
02 February 20241 MWK = 0.3000 CRC
03 February 20241 MWK = 0.3075 CRC
04 February 20241 MWK = 0.3075 CRC
05 February 20241 MWK = 0.2997 CRC
06 February 20241 MWK = 0.3000 CRC
07 February 20241 MWK = 0.3026 CRC
08 February 20241 MWK = 0.3025 CRC
09 February 20241 MWK = 0.3026 CRC
12 February 20241 MWK = 0.2999 CRC
13 February 20241 MWK = 0.3023 CRC
14 February 20241 MWK = 0.3024 CRC
15 February 20241 MWK = 0.3027 CRC
16 February 20241 MWK = 0.3028 CRC
17 February 20241 MWK = 0.3081 CRC
18 February 20241 MWK = 0.3081 CRC
19 February 20241 MWK = 0.2997 CRC
20 February 20241 MWK = 0.2984 CRC
21 February 20241 MWK = 0.3009 CRC
22 February 20241 MWK = 0.3004 CRC
23 February 20241 MWK = 0.3014 CRC
24 February 20241 MWK = 0.3076 CRC
25 February 20241 MWK = 0.3076 CRC
26 February 20241 MWK = 0.2986 CRC
27 February 20241 MWK = 0.2983 CRC
28 February 20241 MWK = 0.3010 CRC
29 February 20241 MWK = 0.2985 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
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