Historic Nicaraguan córdoba Malawian kwacha

Nicaraguan córdoba malawian kwacha history for January 2024. The highest quote for this month is 46.476 (09/01/2024) and the lowest 46.479 (09/01/2024). The difference between high and low is -0.01.

NIO MWK average rate for January 2024 is 45.93959, the change between 01/01/2024 and 31/01/2024 is +1.91 %.

01 January 20241 NIO = 46.47 MWK
02 January 20241 NIO = 46.47 MWK
03 January 20241 NIO = 45.56 MWK
04 January 20241 NIO = 45.56 MWK
05 January 20241 NIO = 46.10 MWK
06 January 20241 NIO = 45.51 MWK
07 January 20241 NIO = 45.51 MWK
08 January 20241 NIO = 46.45 MWK
09 January 20241 NIO = 45.64 MWK
10 January 20241 NIO = 46.48 MWK
11 January 20241 NIO = 46.08 MWK
12 January 20241 NIO = 46.45 MWK
14 January 20241 NIO = 45.51 MWK
15 January 20241 NIO = 46.45 MWK
16 January 20241 NIO = 46.45 MWK
17 January 20241 NIO = 46.45 MWK
18 January 20241 NIO = 45.59 MWK
19 January 20241 NIO = 45.59 MWK
22 January 20241 NIO = 46.45 MWK
23 January 20241 NIO = 45.62 MWK
24 January 20241 NIO = 45.59 MWK
25 January 20241 NIO = 45.61 MWK
26 January 20241 NIO = 45.62 MWK
28 January 20241 NIO = 45.51 MWK
29 January 20241 NIO = 46.44 MWK
30 January 20241 NIO = 45.64 MWK
31 January 20241 NIO = 45.58 MWK

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.