Historic New Zealand Dollar South Korean Won

New Zealand Dollar south korean won history for November 2023. The highest quote for this month is 807.16 (30/11/2023) and the lowest 797.88 (29/11/2023). The difference between high and low is 1.15.

NZD KRW average rate for November 2023 is 781.57704, the change between 01/11/2023 and 30/11/2023 is -1.15 %.

01 November 20231 NZD = 784.1 KRW
02 November 20231 NZD = 792.5 KRW
03 November 20231 NZD = 786.3 KRW
06 November 20231 NZD = 784.2 KRW
07 November 20231 NZD = 773.5 KRW
08 November 20231 NZD = 774.4 KRW
09 November 20231 NZD = 773.4 KRW
10 November 20231 NZD = 774.6 KRW
11 November 20231 NZD = 776.5 KRW
12 November 20231 NZD = 777.0 KRW
13 November 20231 NZD = 777.8 KRW
14 November 20231 NZD = 776.0 KRW
15 November 20231 NZD = 783.1 KRW
16 November 20231 NZD = 784.9 KRW
17 November 20231 NZD = 771.0 KRW
18 November 20231 NZD = 775.6 KRW
19 November 20231 NZD = 775.6 KRW
20 November 20231 NZD = 776.2 KRW
21 November 20231 NZD = 778.0 KRW
22 November 20231 NZD = 784.1 KRW
23 November 20231 NZD = 782.0 KRW
24 November 20231 NZD = 786.5 KRW
26 November 20231 NZD = 792.1 KRW
27 November 20231 NZD = 783.9 KRW
28 November 20231 NZD = 795.1 KRW
29 November 20231 NZD = 791.3 KRW
30 November 20231 NZD = 793.1 KRW

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.