Historic South Korean Won Algerian dinar

South Korean Won algerian dinar history for August 2023. The highest quote for this month is 0.10491 (01/08/2023) and the lowest 0.10519 (01/08/2023). The difference between high and low is -0.27.

KRW DZD average rate for August 2023 is 0.10259, the change between 01/08/2023 and 31/08/2023 is +3.05 %.

01 August 20231 KRW = 0.1057 DZD
02 August 20231 KRW = 0.1049 DZD
03 August 20231 KRW = 0.1044 DZD
04 August 20231 KRW = 0.1045 DZD
07 August 20231 KRW = 0.1036 DZD
08 August 20231 KRW = 0.1034 DZD
09 August 20231 KRW = 0.1029 DZD
10 August 20231 KRW = 0.1030 DZD
11 August 20231 KRW = 0.1025 DZD
12 August 20231 KRW = 0.1021 DZD
14 August 20231 KRW = 0.1019 DZD
15 August 20231 KRW = 0.1014 DZD
16 August 20231 KRW = 0.1011 DZD
17 August 20231 KRW = 0.1009 DZD
18 August 20231 KRW = 0.1012 DZD
19 August 20231 KRW = 0.1013 DZD
20 August 20231 KRW = 0.1013 DZD
21 August 20231 KRW = 0.1014 DZD
22 August 20231 KRW = 0.1014 DZD
23 August 20231 KRW = 0.1015 DZD
24 August 20231 KRW = 0.1024 DZD
25 August 20231 KRW = 0.1026 DZD
28 August 20231 KRW = 0.1030 DZD
29 August 20231 KRW = 0.1030 DZD
30 August 20231 KRW = 0.1032 DZD
31 August 20231 KRW = 0.1025 DZD

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national 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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian 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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.