Historic Australian dollar North Korean won

Australian dollar north korean won history for November 2023. The highest quote for this month is 594.64 (29/11/2023) and the lowest 600.62 (29/11/2023). The difference between high and low is -1.01.

AUD KPW average rate for November 2023 is 584.4468, the change between 01/11/2023 and 30/11/2023 is -4.4 %.

01 November 20231 AUD = 570.6 KPW
06 November 20231 AUD = 586.5 KPW
07 November 20231 AUD = 584.1 KPW
08 November 20231 AUD = 578.7 KPW
09 November 20231 AUD = 576.5 KPW
10 November 20231 AUD = 572.6 KPW
11 November 20231 AUD = 573.0 KPW
12 November 20231 AUD = 572.3 KPW
13 November 20231 AUD = 572.8 KPW
14 November 20231 AUD = 574.3 KPW
15 November 20231 AUD = 585.0 KPW
16 November 20231 AUD = 586.0 KPW
17 November 20231 AUD = 582.4 KPW
18 November 20231 AUD = 586.0 KPW
19 November 20231 AUD = 586.6 KPW
20 November 20231 AUD = 586.2 KPW
21 November 20231 AUD = 590.8 KPW
22 November 20231 AUD = 590.3 KPW
23 November 20231 AUD = 588.9 KPW
25 November 20231 AUD = 592.6 KPW
26 November 20231 AUD = 592.7 KPW
27 November 20231 AUD = 592.3 KPW
28 November 20231 AUD = 595.1 KPW
29 November 20231 AUD = 599.3 KPW
30 November 20231 AUD = 595.7 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.
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