Historic North Korean won Swiss franc

North Korean won swiss franc history for January 2024. The highest quote for this month is 0.00097 (23/01/2024) and the lowest 0.000964 (19/01/2024). The difference between high and low is 0.62.

KPW CHF average rate for January 2024 is 0.00095, the change between 01/01/2024 and 31/01/2024 is -2.57 %.

01 January 20241 KPW = 0.0009 CHF
02 January 20241 KPW = 0.0009 CHF
03 January 20241 KPW = 0.0009 CHF
04 January 20241 KPW = 0.0009 CHF
05 January 20241 KPW = 0.0009 CHF
08 January 20241 KPW = 0.0009 CHF
09 January 20241 KPW = 0.0009 CHF
10 January 20241 KPW = 0.0009 CHF
11 January 20241 KPW = 0.0009 CHF
12 January 20241 KPW = 0.0009 CHF
14 January 20241 KPW = 0.0009 CHF
15 January 20241 KPW = 0.0009 CHF
16 January 20241 KPW = 0.0010 CHF
17 January 20241 KPW = 0.0010 CHF
18 January 20241 KPW = 0.0010 CHF
19 January 20241 KPW = 0.0010 CHF
21 January 20241 KPW = 0.0010 CHF
22 January 20241 KPW = 0.0010 CHF
23 January 20241 KPW = 0.0010 CHF
24 January 20241 KPW = 0.0010 CHF
25 January 20241 KPW = 0.0010 CHF
26 January 20241 KPW = 0.0010 CHF
27 January 20241 KPW = 0.0010 CHF
28 January 20241 KPW = 0.0010 CHF
29 January 20241 KPW = 0.0010 CHF
30 January 20241 KPW = 0.0010 CHF
31 January 20241 KPW = 0.0010 CHF

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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