Somali shilling south korean won exchange rate history (SOS KRW) August 2023

Somali shilling south korean won history for August 2023. The highest quote for this month is 2.379 (18/08/2023) and the lowest 2.3675 (21/08/2023). The difference between high and low is 0.48.

SOS KRW average rate for August 2023 is 2.33487, the change between 01/08/2023 and 31/08/2023 is -3.53 %.

01 August 2023	1 SOS = 2.262 KRW
02 August 2023	1 SOS = 2.282 KRW
03 August 2023	1 SOS = 2.293 KRW
04 August 2023	1 SOS = 2.291 KRW
07 August 2023	1 SOS = 2.302 KRW
08 August 2023	1 SOS = 2.311 KRW
09 August 2023	1 SOS = 2.326 KRW
10 August 2023	1 SOS = 2.321 KRW
11 August 2023	1 SOS = 2.329 KRW
14 August 2023	1 SOS = 2.349 KRW
15 August 2023	1 SOS = 2.358 KRW
16 August 2023	1 SOS = 2.365 KRW
17 August 2023	1 SOS = 2.378 KRW
18 August 2023	1 SOS = 2.370 KRW
21 August 2023	1 SOS = 2.370 KRW
22 August 2023	1 SOS = 2.367 KRW
23 August 2023	1 SOS = 2.367 KRW
24 August 2023	1 SOS = 2.350 KRW
25 August 2023	1 SOS = 2.348 KRW
28 August 2023	1 SOS = 2.343 KRW
29 August 2023	1 SOS = 2.341 KRW
30 August 2023	1 SOS = 2.338 KRW
31 August 2023	1 SOS = 2.342 KRW

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.