On June 18, 2019, six months after the American professional wrestling promotion All Elite Wrestling (AEW) was founded,[1][2][3] AEW President and CEO Tony Khan announced plans for both a singles and tag team championship for the women's division.

The first competitor was determined by the women's Casino Battle Royale during the Buy In pre-show, which was won by Nyla Rose.

A four-way match was scheduled for All Out where Storm defeated Dr. Britt Baker, D.M.D., Jamie Hayter, and Hikaru Shida to become the interim champion.

[12] At Full Gear on November 19, Hayter defeated Storm to win the interim championship.

[14] The original AEW Women's World Championship belt had a small oval shaped center plate.

[10] On the May 28, 2021, Friday night special airing of Dynamite, reigning champion Hikaru Shida was awarded with a slightly updated championship belt.

[15] The unveiling of this updated design was to commemorate Shida's reign of 370 days, which at the time was the longest reign for any AEW championship (this record would be broken by Jade Cargill with the AEW TBS Championship in January 2023).

[17] At Revolution on March 6, 2022, Baker unveiled a new design of the championship belt with bigger plates, which are gold and on a black strap.