Guinean franc south korean won exchange rate history (GNF KRW) December 2023

Guinean franc south korean won history for December 2023. The highest quote for this month is 0.15573 (07/12/2023) and the lowest 0.15478 (10/12/2023). The difference between high and low is 0.61.

GNF KRW average rate for December 2023 is 0.15268, the change between 01/12/2023 and 31/12/2023 is +0.74 %.

01 December 2023	1 GNF = 0.1523 KRW
02 December 2023	1 GNF = 0.1518 KRW
03 December 2023	1 GNF = 0.1522 KRW
04 December 2023	1 GNF = 0.1525 KRW
05 December 2023	1 GNF = 0.1535 KRW
06 December 2023	1 GNF = 0.1541 KRW
07 December 2023	1 GNF = 0.1542 KRW
08 December 2023	1 GNF = 0.1540 KRW
10 December 2023	1 GNF = 0.1548 KRW
11 December 2023	1 GNF = 0.1544 KRW
12 December 2023	1 GNF = 0.1538 KRW
13 December 2023	1 GNF = 0.1539 KRW
14 December 2023	1 GNF = 0.1518 KRW
15 December 2023	1 GNF = 0.1513 KRW
16 December 2023	1 GNF = 0.1528 KRW
17 December 2023	1 GNF = 0.1528 KRW
18 December 2023	1 GNF = 0.1491 KRW
19 December 2023	1 GNF = 0.1525 KRW
20 December 2023	1 GNF = 0.1520 KRW
21 December 2023	1 GNF = 0.1518 KRW
22 December 2023	1 GNF = 0.1531 KRW
23 December 2023	1 GNF = 0.1526 KRW
24 December 2023	1 GNF = 0.1525 KRW
25 December 2023	1 GNF = 0.1522 KRW
26 December 2023	1 GNF = 0.1518 KRW
27 December 2023	1 GNF = 0.1531 KRW
28 December 2023	1 GNF = 0.1531 KRW
29 December 2023	1 GNF = 0.1512 KRW

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

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.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.

Historic Guinean franc South Korean Won