Historic Iranian Rial North Korean won

Iranian Rial north korean won history for January 2024. The highest quote for this month is 112.5 (03/01/2024) and the lowest 112.5 (03/01/2024). The difference between high and low is 0.

IRR KPW average rate for January 2024 is 0.02143, the change between 01/01/2024 and 31/01/2024 is 0 %.

01 January 20241 IRR = 0.0214 KPW
02 January 20241 IRR = 0.0214 KPW
03 January 20241 IRR = 0.0214 KPW
04 January 20241 IRR = 0.0214 KPW
05 January 20241 IRR = 0.0214 KPW
06 January 20241 IRR = 0.0214 KPW
07 January 20241 IRR = 0.0214 KPW
08 January 20241 IRR = 0.0214 KPW
09 January 20241 IRR = 0.0214 KPW
10 January 20241 IRR = 0.0214 KPW
11 January 20241 IRR = 0.0214 KPW
12 January 20241 IRR = 0.0214 KPW
14 January 20241 IRR = 0.0214 KPW
15 January 20241 IRR = 0.0214 KPW
16 January 20241 IRR = 0.0214 KPW
17 January 20241 IRR = 0.0214 KPW
18 January 20241 IRR = 0.0214 KPW
19 January 20241 IRR = 0.0214 KPW
22 January 20241 IRR = 0.0214 KPW
23 January 20241 IRR = 0.0214 KPW
24 January 20241 IRR = 0.0214 KPW
25 January 20241 IRR = 0.0214 KPW
26 January 20241 IRR = 0.0214 KPW
28 January 20241 IRR = 0.0214 KPW
29 January 20241 IRR = 0.0214 KPW
30 January 20241 IRR = 0.0214 KPW
31 January 20241 IRR = 0.0214 KPW

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

01/07/2013: Exchange rate unification

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

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

30/11/2009: Currency revaluation

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

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.

25/02/1992: Introducing foreign exchange certificates

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

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

06/12/1979: Second major revaluation

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

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

31/12/1959: First major revaluation

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

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

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.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.