Historic Australian dollar South Korean Won

Australian dollar south korean won history for February 2024. The highest quote for this month is 874.68 (21/02/2024) and the lowest 875.71 (21/02/2024). The difference between high and low is -0.12.

AUD KRW average rate for February 2024 is 869.49429, the change between 01/02/2024 and 29/02/2024 is +1.06 %.

01 February 20241 AUD = 875.3 KRW
02 February 20241 AUD = 873.8 KRW
03 February 20241 AUD = 871.7 KRW
04 February 20241 AUD = 871.9 KRW
05 February 20241 AUD = 870.2 KRW
06 February 20241 AUD = 864.1 KRW
07 February 20241 AUD = 866.4 KRW
08 February 20241 AUD = 865.9 KRW
09 February 20241 AUD = 865.1 KRW
10 February 20241 AUD = 866.7 KRW
12 February 20241 AUD = 867.9 KRW
13 February 20241 AUD = 867.4 KRW
14 February 20241 AUD = 865.3 KRW
15 February 20241 AUD = 861.7 KRW
16 February 20241 AUD = 866.4 KRW
17 February 20241 AUD = 869.8 KRW
18 February 20241 AUD = 869.8 KRW
19 February 20241 AUD = 870.6 KRW
20 February 20241 AUD = 870.8 KRW
21 February 20241 AUD = 874.1 KRW
22 February 20241 AUD = 873.5 KRW
23 February 20241 AUD = 870.5 KRW
24 February 20241 AUD = 872.8 KRW
25 February 20241 AUD = 872.8 KRW
26 February 20241 AUD = 873.2 KRW
27 February 20241 AUD = 870.9 KRW
28 February 20241 AUD = 871.5 KRW
29 February 20241 AUD = 866.0 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.