Historic Georgian Lari North Korean won

Georgian Lari north korean won history for November 2023. The highest quote for this month is 334.95 (14/11/2023) and the lowest 334.95 (14/11/2023). The difference between high and low is 0.

GEL KPW average rate for November 2023 is 333.99045, the change between 01/11/2023 and 30/11/2023 is +0.18 %.

01 November 20231 GEL = 333.6 KPW
06 November 20231 GEL = 332.9 KPW
07 November 20231 GEL = 333.8 KPW
08 November 20231 GEL = 334.6 KPW
09 November 20231 GEL = 334.3 KPW
10 November 20231 GEL = 334.0 KPW
11 November 20231 GEL = 334.7 KPW
13 November 20231 GEL = 334.7 KPW
14 November 20231 GEL = 335.0 KPW
15 November 20231 GEL = 334.8 KPW
16 November 20231 GEL = 334.5 KPW
17 November 20231 GEL = 334.4 KPW
18 November 20231 GEL = 334.8 KPW
20 November 20231 GEL = 334.8 KPW
21 November 20231 GEL = 334.8 KPW
22 November 20231 GEL = 334.1 KPW
23 November 20231 GEL = 333.1 KPW
25 November 20231 GEL = 333.0 KPW
27 November 20231 GEL = 333.0 KPW
28 November 20231 GEL = 333.2 KPW
29 November 20231 GEL = 333.0 KPW
30 November 20231 GEL = 333.0 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.