Historic Malawian kwacha Nicaraguan córdoba

Malawian kwacha nicaraguan córdoba history since 29/03/2024 until today (0 years). Search for MWK to NIO exchange rate history for a particular date, month or year.

is the currency (supplied by Reserve Bank of Malawi and the currency supplied by Central Bank of Nicaragua. The MWK NIO historical data can be seen on the Malawian kwacha nicaraguan córdoba historical chart.

29 February 20241 MWK = 0.0216 NIO
01 March 20241 MWK = 0.0219 NIO
03 March 20241 MWK = 0.0220 NIO
04 March 20241 MWK = 0.0216 NIO
05 March 20241 MWK = 0.0216 NIO
06 March 20241 MWK = 0.0216 NIO
07 March 20241 MWK = 0.0219 NIO
08 March 20241 MWK = 0.0216 NIO
10 March 20241 MWK = 0.0237 NIO
11 March 20241 MWK = 0.0216 NIO
12 March 20241 MWK = 0.0237 NIO

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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national 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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.