Historic South Korean Won Algerian dinar

South Korean Won algerian dinar history for February 2024. The highest quote for this month is 0.10118 (07/02/2024) and the lowest 0.10293 (09/02/2024). The difference between high and low is -1.73.

KRW DZD average rate for February 2024 is 0.10073, the change between 01/02/2024 and 29/02/2024 is +0.27 %.

01 February 20241 KRW = 0.1006 DZD
02 February 20241 KRW = 0.1011 DZD
03 February 20241 KRW = 0.1002 DZD
04 February 20241 KRW = 0.1002 DZD
05 February 20241 KRW = 0.1002 DZD
06 February 20241 KRW = 0.1009 DZD
07 February 20241 KRW = 0.1014 DZD
08 February 20241 KRW = 0.1010 DZD
09 February 20241 KRW = 0.1007 DZD
12 February 20241 KRW = 0.1006 DZD
13 February 20241 KRW = 0.1010 DZD
14 February 20241 KRW = 0.1002 DZD
15 February 20241 KRW = 0.1012 DZD
16 February 20241 KRW = 0.1012 DZD
17 February 20241 KRW = 0.1009 DZD
18 February 20241 KRW = 0.1009 DZD
19 February 20241 KRW = 0.1007 DZD
20 February 20241 KRW = 0.1006 DZD
21 February 20241 KRW = 0.1005 DZD
22 February 20241 KRW = 0.1005 DZD
23 February 20241 KRW = 0.1010 DZD
24 February 20241 KRW = 0.1009 DZD
25 February 20241 KRW = 0.1009 DZD
26 February 20241 KRW = 0.1008 DZD
27 February 20241 KRW = 0.1007 DZD
28 February 20241 KRW = 0.1007 DZD
29 February 20241 KRW = 0.1004 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.