Historic Georgian Lari North Korean won

Georgian Lari north korean won history for January 2024. The highest quote for this month is 339.97 (17/01/2024) and the lowest 339.97 (17/01/2024). The difference between high and low is 0.

GEL KPW average rate for January 2024 is 337.57346, the change between 01/01/2024 and 31/01/2024 is -0.25 %.

01 January 20241 GEL = 335.9 KPW
02 January 20241 GEL = 335.9 KPW
03 January 20241 GEL = 335.9 KPW
04 January 20241 GEL = 336.0 KPW
05 January 20241 GEL = 336.2 KPW
06 January 20241 GEL = 336.3 KPW
08 January 20241 GEL = 336.3 KPW
09 January 20241 GEL = 336.1 KPW
10 January 20241 GEL = 336.1 KPW
11 January 20241 GEL = 336.1 KPW
12 January 20241 GEL = 336.8 KPW
13 January 20241 GEL = 337.8 KPW
15 January 20241 GEL = 337.8 KPW
16 January 20241 GEL = 339.9 KPW
17 January 20241 GEL = 340.0 KPW
18 January 20241 GEL = 339.7 KPW
19 January 20241 GEL = 339.9 KPW
22 January 20241 GEL = 339.9 KPW
23 January 20241 GEL = 339.8 KPW
24 January 20241 GEL = 339.2 KPW
25 January 20241 GEL = 338.5 KPW
26 January 20241 GEL = 337.5 KPW
27 January 20241 GEL = 337.7 KPW
29 January 20241 GEL = 337.7 KPW
30 January 20241 GEL = 337.4 KPW
31 January 20241 GEL = 336.7 KPW

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.