Historic Comorian Franc South Korean Won

Comorian Franc south korean won history for January 2024. The highest quote for this month is 3.0054 (17/01/2024) and the lowest 2.9751 (17/01/2024). The difference between high and low is 1.01.

KMF KRW average rate for January 2024 is 2.93585, the change between 01/01/2024 and 31/01/2024 is -0.16 %.

01 January 20241 KMF = 2.919 KRW
02 January 20241 KMF = 2.909 KRW
03 January 20241 KMF = 2.941 KRW
04 January 20241 KMF = 2.910 KRW
05 January 20241 KMF = 2.917 KRW
06 January 20241 KMF = 2.913 KRW
07 January 20241 KMF = 2.910 KRW
08 January 20241 KMF = 2.921 KRW
09 January 20241 KMF = 2.918 KRW
10 January 20241 KMF = 2.936 KRW
11 January 20241 KMF = 2.938 KRW
12 January 20241 KMF = 2.926 KRW
14 January 20241 KMF = 2.925 KRW
15 January 20241 KMF = 2.928 KRW
16 January 20241 KMF = 2.943 KRW
17 January 20241 KMF = 2.978 KRW
18 January 20241 KMF = 2.970 KRW
19 January 20241 KMF = 2.956 KRW
22 January 20241 KMF = 2.946 KRW
23 January 20241 KMF = 2.965 KRW
24 January 20241 KMF = 2.961 KRW
25 January 20241 KMF = 2.946 KRW
26 January 20241 KMF = 2.945 KRW
28 January 20241 KMF = 2.950 KRW
29 January 20241 KMF = 2.946 KRW
30 January 20241 KMF = 2.930 KRW
31 January 20241 KMF = 2.923 KRW

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.