Historic Australian dollar North Korean won

Australian dollar north korean won history for January 2024. The highest quote for this month is 613.25 (01/01/2024) and the lowest 615.68 (02/01/2024). The difference between high and low is -0.4.

AUD KPW average rate for January 2024 is 598.90323, the change between 01/01/2024 and 31/01/2024 is +3.31 %.

01 January 20241 AUD = 613.8 KPW
02 January 20241 AUD = 613.0 KPW
03 January 20241 AUD = 608.9 KPW
04 January 20241 AUD = 606.2 KPW
05 January 20241 AUD = 603.6 KPW
06 January 20241 AUD = 604.5 KPW
07 January 20241 AUD = 604.5 KPW
08 January 20241 AUD = 604.5 KPW
09 January 20241 AUD = 604.8 KPW
10 January 20241 AUD = 601.6 KPW
11 January 20241 AUD = 603.4 KPW
12 January 20241 AUD = 602.9 KPW
13 January 20241 AUD = 601.9 KPW
14 January 20241 AUD = 602.1 KPW
15 January 20241 AUD = 602.0 KPW
16 January 20241 AUD = 598.5 KPW
17 January 20241 AUD = 593.0 KPW
18 January 20241 AUD = 589.7 KPW
19 January 20241 AUD = 592.5 KPW
20 January 20241 AUD = 594.0 KPW
21 January 20241 AUD = 593.4 KPW
22 January 20241 AUD = 593.6 KPW
23 January 20241 AUD = 591.4 KPW
24 January 20241 AUD = 592.8 KPW
25 January 20241 AUD = 591.9 KPW
26 January 20241 AUD = 592.7 KPW
27 January 20241 AUD = 592.0 KPW
28 January 20241 AUD = 592.1 KPW
29 January 20241 AUD = 592.1 KPW
30 January 20241 AUD = 595.3 KPW
31 January 20241 AUD = 593.5 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

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.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

30/06/1996: Introduction of the polymer banknotes

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

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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$'.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.