Historic Barbadian dollar South Korean Won

Barbadian dollar south korean won history for December 2023. The highest quote for this month is 671.89 (07/12/2023) and the lowest 666.84 (11/12/2023). The difference between high and low is 0.75.

BBD KRW average rate for December 2023 is 655.9, the change between 01/12/2023 and 31/12/2023 is +1.98 %.

01 December 20231 BBD = 657.0 KRW
02 December 20231 BBD = 646.5 KRW
03 December 20231 BBD = 646.9 KRW
04 December 20231 BBD = 658.0 KRW
05 December 20231 BBD = 662.5 KRW
06 December 20231 BBD = 665.8 KRW
07 December 20231 BBD = 665.0 KRW
08 December 20231 BBD = 665.0 KRW
09 December 20231 BBD = 653.4 KRW
10 December 20231 BBD = 658.2 KRW
11 December 20231 BBD = 666.3 KRW
12 December 20231 BBD = 665.3 KRW
13 December 20231 BBD = 664.1 KRW
14 December 20231 BBD = 654.9 KRW
15 December 20231 BBD = 654.9 KRW
16 December 20231 BBD = 650.2 KRW
17 December 20231 BBD = 650.2 KRW
18 December 20231 BBD = 643.3 KRW
19 December 20231 BBD = 660.3 KRW
20 December 20231 BBD = 658.2 KRW
21 December 20231 BBD = 657.2 KRW
22 December 20231 BBD = 654.7 KRW
23 December 20231 BBD = 648.5 KRW
24 December 20231 BBD = 648.6 KRW
25 December 20231 BBD = 656.6 KRW
26 December 20231 BBD = 655.2 KRW
27 December 20231 BBD = 654.4 KRW
28 December 20231 BBD = 656.0 KRW
29 December 20231 BBD = 644.0 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.
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