South Korean Won somali shilling exchange rate history (KRW SOS) August 2023

South Korean Won somali shilling history for August 2023. The highest quote for this month is 0.43789 (01/08/2023) and the lowest 0.44331 (01/08/2023). The difference between high and low is -1.24.

KRW SOS average rate for August 2023 is 0.42837, the change between 01/08/2023 and 31/08/2023 is +3.41 %.

01 August 2023	1 KRW = 0.4421 SOS
02 August 2023	1 KRW = 0.4383 SOS
03 August 2023	1 KRW = 0.4362 SOS
04 August 2023	1 KRW = 0.4366 SOS
07 August 2023	1 KRW = 0.4344 SOS
08 August 2023	1 KRW = 0.4328 SOS
09 August 2023	1 KRW = 0.4299 SOS
10 August 2023	1 KRW = 0.4309 SOS
11 August 2023	1 KRW = 0.4293 SOS
14 August 2023	1 KRW = 0.4257 SOS
15 August 2023	1 KRW = 0.4241 SOS
16 August 2023	1 KRW = 0.4228 SOS
17 August 2023	1 KRW = 0.4206 SOS
18 August 2023	1 KRW = 0.4219 SOS
21 August 2023	1 KRW = 0.4219 SOS
22 August 2023	1 KRW = 0.4225 SOS
23 August 2023	1 KRW = 0.4225 SOS
24 August 2023	1 KRW = 0.4255 SOS
25 August 2023	1 KRW = 0.4259 SOS
28 August 2023	1 KRW = 0.4269 SOS
29 August 2023	1 KRW = 0.4271 SOS
30 August 2023	1 KRW = 0.4277 SOS
31 August 2023	1 KRW = 0.4271 SOS

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.

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.

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.