Historic Malawian kwacha Nicaraguan córdoba

Malawian kwacha nicaraguan córdoba history for September 2019. The highest quote for this month is 0.046254 (24/09/2019) and the lowest 0.047192 (23/09/2019). The difference between high and low is -2.03.

MWK NIO average rate for September 2019 is 0.04649, the change between 01/09/2019 and 30/09/2019 is -0.64 %.

02 September 20191 MWK = 0.0450 NIO
03 September 20191 MWK = 0.0465 NIO
04 September 20191 MWK = 0.0469 NIO
05 September 20191 MWK = 0.0468 NIO
06 September 20191 MWK = 0.0468 NIO
09 September 20191 MWK = 0.0454 NIO
10 September 20191 MWK = 0.0454 NIO
11 September 20191 MWK = 0.0464 NIO
12 September 20191 MWK = 0.0464 NIO
13 September 20191 MWK = 0.0458 NIO
16 September 20191 MWK = 0.0458 NIO
17 September 20191 MWK = 0.0466 NIO
18 September 20191 MWK = 0.0465 NIO
19 September 20191 MWK = 0.0474 NIO
20 September 20191 MWK = 0.0470 NIO
23 September 20191 MWK = 0.0474 NIO
24 September 20191 MWK = 0.0476 NIO
25 September 20191 MWK = 0.0474 NIO
26 September 20191 MWK = 0.0470 NIO
27 September 20191 MWK = 0.0471 NIO
30 September 20191 MWK = 0.0453 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.