Historic Barbadian dollar South Korean Won

Barbadian dollar south korean won history for January 2024. The highest quote for this month is 683.22 (17/01/2024) and the lowest 677.69 (18/01/2024). The difference between high and low is 0.81.

BBD KRW average rate for January 2024 is 668.2025, the change between 01/01/2024 and 31/01/2024 is -2.81 %.

01 January 20241 BBD = 654.0 KRW
02 January 20241 BBD = 653.5 KRW
03 January 20241 BBD = 662.4 KRW
04 January 20241 BBD = 664.2 KRW
05 January 20241 BBD = 664.5 KRW
06 January 20241 BBD = 657.7 KRW
07 January 20241 BBD = 657.1 KRW
08 January 20241 BBD = 667.3 KRW
09 January 20241 BBD = 665.1 KRW
10 January 20241 BBD = 669.1 KRW
11 January 20241 BBD = 667.7 KRW
12 January 20241 BBD = 664.7 KRW
13 January 20241 BBD = 656.9 KRW
14 January 20241 BBD = 656.6 KRW
15 January 20241 BBD = 666.2 KRW
16 January 20241 BBD = 669.4 KRW
17 January 20241 BBD = 677.0 KRW
18 January 20241 BBD = 681.2 KRW
19 January 20241 BBD = 677.9 KRW
22 January 20241 BBD = 676.2 KRW
23 January 20241 BBD = 678.7 KRW
24 January 20241 BBD = 677.8 KRW
25 January 20241 BBD = 674.1 KRW
26 January 20241 BBD = 676.8 KRW
28 January 20241 BBD = 668.4 KRW
29 January 20241 BBD = 676.9 KRW
30 January 20241 BBD = 676.1 KRW
31 January 20241 BBD = 672.5 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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