Barbadian dollar south korean won exchange rate history (BBD KRW) August 2023

Barbadian dollar south korean won history for August 2023. The highest quote for this month is 681.14 (21/08/2023) and the lowest 679.09 (21/08/2023). The difference between high and low is 0.3.

BBD KRW average rate for August 2023 is 668.36962, the change between 01/08/2023 and 31/08/2023 is -3.54 %.

01 August 2023	1 BBD = 647.1 KRW
02 August 2023	1 BBD = 652.9 KRW
03 August 2023	1 BBD = 655.4 KRW
04 August 2023	1 BBD = 657.3 KRW
05 August 2023	1 BBD = 654.8 KRW
07 August 2023	1 BBD = 664.6 KRW
08 August 2023	1 BBD = 663.0 KRW
09 August 2023	1 BBD = 667.4 KRW
10 August 2023	1 BBD = 665.6 KRW
11 August 2023	1 BBD = 668.0 KRW
12 August 2023	1 BBD = 662.3 KRW
14 August 2023	1 BBD = 671.2 KRW
15 August 2023	1 BBD = 676.0 KRW
16 August 2023	1 BBD = 678.3 KRW
17 August 2023	1 BBD = 680.7 KRW
18 August 2023	1 BBD = 678.6 KRW
20 August 2023	1 BBD = 669.6 KRW
21 August 2023	1 BBD = 680.5 KRW
22 August 2023	1 BBD = 679.4 KRW
23 August 2023	1 BBD = 679.0 KRW
24 August 2023	1 BBD = 673.1 KRW
25 August 2023	1 BBD = 672.4 KRW
28 August 2023	1 BBD = 670.5 KRW
29 August 2023	1 BBD = 670.4 KRW
30 August 2023	1 BBD = 669.8 KRW
31 August 2023	1 BBD = 670.0 KRW

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

Historic Barbadian dollar South Korean Won