Iraqi dinar south korean won exchange rate history (IQD KRW) October 2023

Iraqi dinar south korean won history for October 2023. The highest quote for this month is 1.0595 (18/10/2023) and the lowest 1.0571 (19/10/2023). The difference between high and low is 0.23.

IQD KRW average rate for October 2023 is 1.03811, the change between 01/10/2023 and 31/10/2023 is +0.23 %.

01 October 2023	1 IQD = 1.033 KRW
02 October 2023	1 IQD = 1.053 KRW
03 October 2023	1 IQD = 1.035 KRW
04 October 2023	1 IQD = 1.039 KRW
05 October 2023	1 IQD = 1.033 KRW
06 October 2023	1 IQD = 1.053 KRW
07 October 2023	1 IQD = 1.027 KRW
09 October 2023	1 IQD = 1.053 KRW
10 October 2023	1 IQD = 1.051 KRW
11 October 2023	1 IQD = 1.027 KRW
12 October 2023	1 IQD = 1.023 KRW
13 October 2023	1 IQD = 1.031 KRW
16 October 2023	1 IQD = 1.054 KRW
17 October 2023	1 IQD = 1.031 KRW
18 October 2023	1 IQD = 1.035 KRW
19 October 2023	1 IQD = 1.057 KRW
20 October 2023	1 IQD = 1.037 KRW
21 October 2023	1 IQD = 1.031 KRW
22 October 2023	1 IQD = 1.031 KRW
23 October 2023	1 IQD = 1.055 KRW
24 October 2023	1 IQD = 1.020 KRW
25 October 2023	1 IQD = 1.028 KRW
26 October 2023	1 IQD = 1.034 KRW
27 October 2023	1 IQD = 1.032 KRW
29 October 2023	1 IQD = 1.035 KRW
30 October 2023	1 IQD = 1.060 KRW
31 October 2023	1 IQD = 1.031 KRW

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar South Korean Won