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

Barbadian dollar south korean won history for October 2023. The highest quote for this month is 690.75 (04/10/2023) and the lowest 687.11 (19/10/2023). The difference between high and low is 0.53.

BBD KRW average rate for October 2023 is 682.49964, the change between 01/10/2023 and 31/10/2023 is -1.22 %.

01 October 2023	1 BBD = 675.9 KRW
02 October 2023	1 BBD = 684.1 KRW
03 October 2023	1 BBD = 685.8 KRW
04 October 2023	1 BBD = 688.5 KRW
05 October 2023	1 BBD = 686.0 KRW
06 October 2023	1 BBD = 684.6 KRW
07 October 2023	1 BBD = 672.3 KRW
09 October 2023	1 BBD = 684.4 KRW
10 October 2023	1 BBD = 683.3 KRW
11 October 2023	1 BBD = 680.1 KRW
12 October 2023	1 BBD = 678.6 KRW
13 October 2023	1 BBD = 683.7 KRW
16 October 2023	1 BBD = 685.5 KRW
17 October 2023	1 BBD = 683.4 KRW
18 October 2023	1 BBD = 687.1 KRW
19 October 2023	1 BBD = 686.9 KRW
20 October 2023	1 BBD = 688.1 KRW
21 October 2023	1 BBD = 674.6 KRW
22 October 2023	1 BBD = 674.7 KRW
23 October 2023	1 BBD = 685.5 KRW
24 October 2023	1 BBD = 677.0 KRW
25 October 2023	1 BBD = 681.3 KRW
26 October 2023	1 BBD = 686.0 KRW
27 October 2023	1 BBD = 684.8 KRW
28 October 2023	1 BBD = 677.5 KRW
29 October 2023	1 BBD = 677.5 KRW
30 October 2023	1 BBD = 688.8 KRW
31 October 2023	1 BBD = 684.2 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