Historic Namibian dollar South Korean Won

Namibian dollar south korean won history for February 2024. The highest quote for this month is 71.993 (02/02/2024) and the lowest 71.463 (01/02/2024). The difference between high and low is 0.74.

NAD KRW average rate for February 2024 is 70.12356, the change between 01/02/2024 and 29/02/2024 is +3.97 %.

01 February 20241 NAD = 71.83 KRW
02 February 20241 NAD = 71.49 KRW
03 February 20241 NAD = 70.80 KRW
04 February 20241 NAD = 70.79 KRW
05 February 20241 NAD = 71.96 KRW
06 February 20241 NAD = 69.92 KRW
07 February 20241 NAD = 70.46 KRW
08 February 20241 NAD = 70.24 KRW
09 February 20241 NAD = 70.23 KRW
12 February 20241 NAD = 69.93 KRW
13 February 20241 NAD = 69.85 KRW
14 February 20241 NAD = 70.05 KRW
15 February 20241 NAD = 69.61 KRW
16 February 20241 NAD = 70.02 KRW
17 February 20241 NAD = 70.64 KRW
18 February 20241 NAD = 70.53 KRW
19 February 20241 NAD = 70.23 KRW
20 February 20241 NAD = 70.66 KRW
21 February 20241 NAD = 70.53 KRW
22 February 20241 NAD = 70.49 KRW
23 February 20241 NAD = 69.20 KRW
24 February 20241 NAD = 68.88 KRW
25 February 20241 NAD = 68.90 KRW
26 February 20241 NAD = 69.34 KRW
27 February 20241 NAD = 68.89 KRW
28 February 20241 NAD = 68.90 KRW
29 February 20241 NAD = 68.98 KRW

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
NAD KRW August 2023
NAD KRW September 2023
NAD KRW October 2023
NAD KRW November 2023
NAD KRW December 2023
NAD KRW January 2024
NAD KRW February 2024
NAD KRW March 2024
NAD KRW April 2024
NAD KRW May 2024
NAD KRW June 2024
NAD KRW July 2024
NAD KRW August 2024