Chilean Peso south korean won exchange rate history (CLP KRW) August 2023

Chilean Peso south korean won history for August 2023. The highest quote for this month is 1.5665 (28/08/2023) and the lowest 1.586 (25/08/2023). The difference between high and low is -1.24.

CLP KRW average rate for August 2023 is 1.54168, the change between 01/08/2023 and 31/08/2023 is -2.12 %.

01 August 2023	1 CLP = 1.521 KRW
02 August 2023	1 CLP = 1.533 KRW
03 August 2023	1 CLP = 1.534 KRW
04 August 2023	1 CLP = 1.524 KRW
05 August 2023	1 CLP = 1.538 KRW
07 August 2023	1 CLP = 1.536 KRW
08 August 2023	1 CLP = 1.523 KRW
09 August 2023	1 CLP = 1.531 KRW
10 August 2023	1 CLP = 1.525 KRW
11 August 2023	1 CLP = 1.558 KRW
12 August 2023	1 CLP = 1.542 KRW
14 August 2023	1 CLP = 1.547 KRW
15 August 2023	1 CLP = 1.553 KRW
16 August 2023	1 CLP = 1.552 KRW
17 August 2023	1 CLP = 1.544 KRW
18 August 2023	1 CLP = 1.549 KRW
20 August 2023	1 CLP = 1.543 KRW
21 August 2023	1 CLP = 1.538 KRW
22 August 2023	1 CLP = 1.542 KRW
23 August 2023	1 CLP = 1.542 KRW
24 August 2023	1 CLP = 1.529 KRW
25 August 2023	1 CLP = 1.561 KRW
28 August 2023	1 CLP = 1.566 KRW
29 August 2023	1 CLP = 1.557 KRW
30 August 2023	1 CLP = 1.543 KRW
31 August 2023	1 CLP = 1.553 KRW

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.

Historic Chilean Peso South Korean Won