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

Guinean franc south korean won history for October 2023. The highest quote for this month is 0.15964 (18/10/2023) and the lowest 0.15975 (29/10/2023). The difference between high and low is -0.07.

GNF KRW average rate for October 2023 is 0.15836, the change between 01/10/2023 and 31/10/2023 is +1.13 %.

01 October 2023	1 GNF = 0.1595 KRW
02 October 2023	1 GNF = 0.1587 KRW
03 October 2023	1 GNF = 0.1583 KRW
04 October 2023	1 GNF = 0.1590 KRW
05 October 2023	1 GNF = 0.1579 KRW
06 October 2023	1 GNF = 0.1588 KRW
07 October 2023	1 GNF = 0.1584 KRW
09 October 2023	1 GNF = 0.1587 KRW
10 October 2023	1 GNF = 0.1585 KRW
11 October 2023	1 GNF = 0.1569 KRW
12 October 2023	1 GNF = 0.1565 KRW
13 October 2023	1 GNF = 0.1576 KRW
16 October 2023	1 GNF = 0.1590 KRW
17 October 2023	1 GNF = 0.1576 KRW
18 October 2023	1 GNF = 0.1582 KRW
19 October 2023	1 GNF = 0.1593 KRW
20 October 2023	1 GNF = 0.1585 KRW
21 October 2023	1 GNF = 0.1590 KRW
22 October 2023	1 GNF = 0.1591 KRW
23 October 2023	1 GNF = 0.1589 KRW
24 October 2023	1 GNF = 0.1561 KRW
25 October 2023	1 GNF = 0.1571 KRW
26 October 2023	1 GNF = 0.1582 KRW
27 October 2023	1 GNF = 0.1579 KRW
28 October 2023	1 GNF = 0.1596 KRW
29 October 2023	1 GNF = 0.1594 KRW
30 October 2023	1 GNF = 0.1597 KRW
31 October 2023	1 GNF = 0.1577 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