Historic Chilean Peso South Korean Won

Chilean Peso south korean won history for November 2023. The highest quote for this month is 1.5177 (01/11/2023) and the lowest 1.5841 (02/11/2023). The difference between high and low is -4.38.

CLP KRW average rate for November 2023 is 1.47775, the change between 01/11/2023 and 30/11/2023 is +1.68 %.

01 November 20231 CLP = 1.508 KRW
02 November 20231 CLP = 1.506 KRW
03 November 20231 CLP = 1.504 KRW
06 November 20231 CLP = 1.504 KRW
07 November 20231 CLP = 1.472 KRW
08 November 20231 CLP = 1.473 KRW
09 November 20231 CLP = 1.456 KRW
10 November 20231 CLP = 1.444 KRW
11 November 20231 CLP = 1.445 KRW
12 November 20231 CLP = 1.444 KRW
13 November 20231 CLP = 1.464 KRW
14 November 20231 CLP = 1.430 KRW
15 November 20231 CLP = 1.464 KRW
16 November 20231 CLP = 1.468 KRW
17 November 20231 CLP = 1.467 KRW
18 November 20231 CLP = 1.467 KRW
19 November 20231 CLP = 1.467 KRW
20 November 20231 CLP = 1.505 KRW
21 November 20231 CLP = 1.467 KRW
22 November 20231 CLP = 1.490 KRW
23 November 20231 CLP = 1.491 KRW
24 November 20231 CLP = 1.489 KRW
26 November 20231 CLP = 1.503 KRW
27 November 20231 CLP = 1.508 KRW
28 November 20231 CLP = 1.496 KRW
29 November 20231 CLP = 1.485 KRW
30 November 20231 CLP = 1.482 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.