Historic Gibraltar pound North Korean won

Gibraltar pound north korean won history for December 2023. The highest quote for this month is 1149.87 (28/12/2023) and the lowest 1153.11 (28/12/2023). The difference between high and low is -0.28.

GIP KPW average rate for December 2023 is 1139.70762, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 20231 GIP = 1137.37 KPW
04 December 20231 GIP = 1137.51 KPW
05 December 20231 GIP = 1137.66 KPW
06 December 20231 GIP = 1133.79 KPW
07 December 20231 GIP = 1129.66 KPW
08 December 20231 GIP = 1129.66 KPW
11 December 20231 GIP = 1131.08 KPW
12 December 20231 GIP = 1130.94 KPW
13 December 20231 GIP = 1128.24 KPW
14 December 20231 GIP = 1147.52 KPW
15 December 20231 GIP = 1141.41 KPW
18 December 20231 GIP = 1140.54 KPW
19 December 20231 GIP = 1146.64 KPW
20 December 20231 GIP = 1140.40 KPW
21 December 20231 GIP = 1142.13 KPW
22 December 20231 GIP = 1145.91 KPW
25 December 20231 GIP = 1143.15 KPW
26 December 20231 GIP = 1144.02 KPW
27 December 20231 GIP = 1149.57 KPW
28 December 20231 GIP = 1149.87 KPW
29 December 20231 GIP = 1146.79 KPW

01/10/2022: Transition to digital currency

Gibraltar announced the introduction of a digital currency pegged 1:1 to the Gibraltar pound, making it one of the first jurisdictions to do so.

15/08/2019: Commencement of polymer £50 issuance

Polymer £50 banknotes were introduced, replacing the older paper £50 notes.

26/06/2018: New £100 banknote issued

A new £100 banknote featuring the image of Sir Joshua Hassan, first Chief Minister of Gibraltar, was issued.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/11/1988: Introduction of polymer banknotes

Polymer banknotes were introduced in Gibraltar, enhancing durability and counterfeit resilience.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

15/02/1971: Currency tied to British pound

The Gibraltar pound became pegged to the British pound at a rate of 1:1, ensuring stability and ease of trade.

23/06/1969: Currency switch to decimalization

Gibraltar switched from the pound shilling pence system to a decimalized currency, with 100 pence equal to 1 pound.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

07/03/1927: Introduction of Gibraltar pound

The Gibraltar pound was first introduced as the official currency of Gibraltar, replacing the Spanish peseta.