Historic Falkland Islands pound South Korean Won

Falkland Islands pound south korean won history for October 2023. The highest quote for this month is 1657.57 (16/10/2023) and the lowest 1648.52 (16/10/2023). The difference between high and low is 0.55.

FKP KRW average rate for October 2023 is 1642.3181, the change between 01/10/2023 and 31/10/2023 is -0.3 %.

03 October 20231 FKP = 1633.92 KRW
04 October 20231 FKP = 1641.57 KRW
06 October 20231 FKP = 1648.57 KRW
09 October 20231 FKP = 1639.44 KRW
10 October 20231 FKP = 1648.18 KRW
11 October 20231 FKP = 1652.57 KRW
12 October 20231 FKP = 1630.83 KRW
13 October 20231 FKP = 1642.11 KRW
16 October 20231 FKP = 1652.49 KRW
17 October 20231 FKP = 1643.01 KRW
18 October 20231 FKP = 1643.77 KRW
20 October 20231 FKP = 1649.51 KRW
22 October 20231 FKP = 1642.10 KRW
23 October 20231 FKP = 1653.20 KRW
24 October 20231 FKP = 1624.00 KRW
25 October 20231 FKP = 1630.63 KRW
26 October 20231 FKP = 1642.00 KRW
27 October 20231 FKP = 1638.17 KRW
29 October 20231 FKP = 1643.93 KRW
30 October 20231 FKP = 1649.89 KRW
31 October 20231 FKP = 1638.79 KRW

18/07/2016: New Polymer Banknotes Issued

The Falkland Islands government introduces new polymer banknotes to replace the older paper versions, enhancing the durability and security of their currency.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

14/06/1983: Pegging to the Pound Sterling

The Falkland Islands pound (FKP) is officially pegged to the British pound sterling (GBP) at a 1:1 ratio, ensuring a stable exchange rate.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

14/05/1971: New Decimalized Currency Introduced

The Falkland Islands pound (FKP) is decimalized, with the introduction of a new currency system based on the decimal system.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

28/04/1899: Currency Board Established

The Falkland Islands Currency Board is established, introducing the first Falkland Islands pound (FKP) as the official currency.

02/01/1833: Argentina Removed from Islands

British forces remove Argentine authorities from the Falkland Islands, solidifying British control over the territory.

03/01/1829: First British Colony Declared

British Captain Onslow declares the Falkland Islands a British colony, leading to the establishment of a formal British presence in the region.

02/01/1764: First British Settlement

British Captain Byron claims the Falkland Islands for Britain, establishing the first permanent British settlement in the region.