Historic Iraqi dinar North Korean won

Iraqi dinar north korean won history for February 2024. The highest quote for this month is 0.70208 (29/02/2024) and the lowest 0.70605 (02/02/2024). The difference between high and low is -0.57.

IQD KPW average rate for February 2024 is 0.6914, the change between 01/02/2024 and 29/02/2024 is -2.22 %.

01 February 20241 IQD = 0.6881 KPW
02 February 20241 IQD = 0.6881 KPW
03 February 20241 IQD = 0.6876 KPW
04 February 20241 IQD = 0.6876 KPW
05 February 20241 IQD = 0.6954 KPW
06 February 20241 IQD = 0.7012 KPW
07 February 20241 IQD = 0.6881 KPW
08 February 20241 IQD = 0.6886 KPW
09 February 20241 IQD = 0.6881 KPW
12 February 20241 IQD = 0.7026 KPW
13 February 20241 IQD = 0.6881 KPW
14 February 20241 IQD = 0.6881 KPW
15 February 20241 IQD = 0.6881 KPW
16 February 20241 IQD = 0.6881 KPW
17 February 20241 IQD = 0.6876 KPW
18 February 20241 IQD = 0.6876 KPW
19 February 20241 IQD = 0.7019 KPW
20 February 20241 IQD = 0.7021 KPW
21 February 20241 IQD = 0.6881 KPW
22 February 20241 IQD = 0.6881 KPW
23 February 20241 IQD = 0.6881 KPW
24 February 20241 IQD = 0.6876 KPW
25 February 20241 IQD = 0.6876 KPW
26 February 20241 IQD = 0.7025 KPW
27 February 20241 IQD = 0.6881 KPW
28 February 20241 IQD = 0.6881 KPW
29 February 20241 IQD = 0.7034 KPW

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.

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.

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.

01/12/2001: 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.

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.

06/12/1979: Second major revaluation

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

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.

03/10/1932: Independence of Iraq

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