Algerian dinar south korean won exchange rate history (DZD KRW) December 2023

Algerian dinar south korean won history for December 2023. The highest quote for this month is 9.874 (07/12/2023) and the lowest 9.885 (11/12/2023). The difference between high and low is -0.11.

DZD KRW average rate for December 2023 is 9.697, the change between 01/12/2023 and 31/12/2023 is +1.08 %.

01 December 2023	1 DZD = 9.67 KRW
02 December 2023	1 DZD = 9.63 KRW
03 December 2023	1 DZD = 9.64 KRW
04 December 2023	1 DZD = 9.67 KRW
05 December 2023	1 DZD = 9.74 KRW
06 December 2023	1 DZD = 9.79 KRW
07 December 2023	1 DZD = 9.81 KRW
08 December 2023	1 DZD = 9.78 KRW
10 December 2023	1 DZD = 9.81 KRW
11 December 2023	1 DZD = 9.81 KRW
12 December 2023	1 DZD = 9.79 KRW
13 December 2023	1 DZD = 9.77 KRW
14 December 2023	1 DZD = 9.63 KRW
15 December 2023	1 DZD = 9.65 KRW
16 December 2023	1 DZD = 9.70 KRW
17 December 2023	1 DZD = 9.70 KRW
18 December 2023	1 DZD = 9.54 KRW
19 December 2023	1 DZD = 9.72 KRW
20 December 2023	1 DZD = 9.69 KRW
21 December 2023	1 DZD = 9.68 KRW
22 December 2023	1 DZD = 9.64 KRW
23 December 2023	1 DZD = 9.71 KRW
24 December 2023	1 DZD = 9.71 KRW
25 December 2023	1 DZD = 9.69 KRW
26 December 2023	1 DZD = 9.69 KRW
27 December 2023	1 DZD = 9.66 KRW
28 December 2023	1 DZD = 9.67 KRW
29 December 2023	1 DZD = 9.56 KRW

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.

Historic Algerian dinar South Korean Won