Malawian kwacha costa rican colón exchange rate history (MWK CRC) October 2023

Malawian kwacha costa rican colón history for October 2023. The highest quote for this month is 0.49404 (01/10/2023) and the lowest 0.49404 (01/10/2023). The difference between high and low is 0.

MWK CRC average rate for October 2023 is 0.4612, the change between 01/10/2023 and 31/10/2023 is +7.09 %.

01 October 2023	1 MWK = 0.4940 CRC
02 October 2023	1 MWK = 0.4840 CRC
03 October 2023	1 MWK = 0.4891 CRC
04 October 2023	1 MWK = 0.4831 CRC
05 October 2023	1 MWK = 0.4562 CRC
06 October 2023	1 MWK = 0.4495 CRC
07 October 2023	1 MWK = 0.4627 CRC
09 October 2023	1 MWK = 0.4505 CRC
10 October 2023	1 MWK = 0.4519 CRC
11 October 2023	1 MWK = 0.4573 CRC
12 October 2023	1 MWK = 0.4600 CRC
13 October 2023	1 MWK = 0.4572 CRC
16 October 2023	1 MWK = 0.4481 CRC
17 October 2023	1 MWK = 0.4553 CRC
18 October 2023	1 MWK = 0.4531 CRC
19 October 2023	1 MWK = 0.4508 CRC
20 October 2023	1 MWK = 0.4546 CRC
21 October 2023	1 MWK = 0.4640 CRC
22 October 2023	1 MWK = 0.4640 CRC
23 October 2023	1 MWK = 0.4493 CRC
24 October 2023	1 MWK = 0.4544 CRC
25 October 2023	1 MWK = 0.4592 CRC
26 October 2023	1 MWK = 0.4624 CRC
27 October 2023	1 MWK = 0.4619 CRC
29 October 2023	1 MWK = 0.4666 CRC
30 October 2023	1 MWK = 0.4547 CRC
31 October 2023	1 MWK = 0.4590 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.

Historic Malawian kwacha Costa Rican colón