Historic Australian dollar South Korean Won

Australian dollar south korean won history for November 2023. The highest quote for this month is 866.49 (30/11/2023) and the lowest 861.63 (01/11/2023). The difference between high and low is 0.56.

AUD KRW average rate for November 2023 is 847.43963, the change between 01/11/2023 and 30/11/2023 is +0.38 %.

01 November 20231 AUD = 856.0 KRW
02 November 20231 AUD = 865.7 KRW
03 November 20231 AUD = 857.3 KRW
06 November 20231 AUD = 852.3 KRW
07 November 20231 AUD = 841.8 KRW
08 November 20231 AUD = 838.8 KRW
09 November 20231 AUD = 837.9 KRW
10 November 20231 AUD = 836.7 KRW
11 November 20231 AUD = 838.4 KRW
12 November 20231 AUD = 837.1 KRW
13 November 20231 AUD = 839.9 KRW
14 November 20231 AUD = 841.7 KRW
15 November 20231 AUD = 847.7 KRW
16 November 20231 AUD = 847.7 KRW
17 November 20231 AUD = 836.3 KRW
18 November 20231 AUD = 842.8 KRW
19 November 20231 AUD = 843.6 KRW
20 November 20231 AUD = 843.2 KRW
21 November 20231 AUD = 845.5 KRW
22 November 20231 AUD = 849.5 KRW
23 November 20231 AUD = 849.8 KRW
24 November 20231 AUD = 852.9 KRW
26 November 20231 AUD = 858.0 KRW
27 November 20231 AUD = 848.9 KRW
28 November 20231 AUD = 861.3 KRW
29 November 20231 AUD = 857.4 KRW
30 November 20231 AUD = 852.8 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.
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