Australian dollar south korean won exchange rate history (AUD KRW) December 2023

Australian dollar south korean won history for December 2023. The highest quote for this month is 883.53 (27/12/2023) and the lowest 918.47 (25/12/2023). The difference between high and low is -3.95.

AUD KRW average rate for December 2023 is 869.57103, the change between 01/12/2023 and 31/12/2023 is -1.82 %.

01 December 2023	1 AUD = 856.7 KRW
02 December 2023	1 AUD = 863.3 KRW
03 December 2023	1 AUD = 862.8 KRW
04 December 2023	1 AUD = 868.2 KRW
05 December 2023	1 AUD = 865.4 KRW
06 December 2023	1 AUD = 860.9 KRW
07 December 2023	1 AUD = 860.7 KRW
08 December 2023	1 AUD = 865.7 KRW
09 December 2023	1 AUD = 859.9 KRW
10 December 2023	1 AUD = 865.8 KRW
11 December 2023	1 AUD = 866.2 KRW
12 December 2023	1 AUD = 862.4 KRW
13 December 2023	1 AUD = 860.1 KRW
14 December 2023	1 AUD = 861.1 KRW
15 December 2023	1 AUD = 865.9 KRW
16 December 2023	1 AUD = 871.2 KRW
17 December 2023	1 AUD = 871.2 KRW
18 December 2023	1 AUD = 855.1 KRW
19 December 2023	1 AUD = 873.5 KRW
20 December 2023	1 AUD = 877.7 KRW
21 December 2023	1 AUD = 874.1 KRW
22 December 2023	1 AUD = 878.0 KRW
23 December 2023	1 AUD = 882.3 KRW
24 December 2023	1 AUD = 882.4 KRW
25 December 2023	1 AUD = 883.4 KRW
26 December 2023	1 AUD = 881.1 KRW
27 December 2023	1 AUD = 883.0 KRW
28 December 2023	1 AUD = 887.5 KRW
29 December 2023	1 AUD = 872.3 KRW

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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 Australian dollar South Korean Won