Historic Israeli Sheqel South Korean Won

Israeli Sheqel south korean won history for February 2024. The highest quote for this month is 371.54 (29/02/2024) and the lowest 374.03 (29/02/2024). The difference between high and low is -0.67.

ILS KRW average rate for February 2024 is 365.65704, the change between 01/02/2024 and 29/02/2024 is -1.23 %.

01 February 20241 ILS = 366.7 KRW
02 February 20241 ILS = 363.2 KRW
03 February 20241 ILS = 366.2 KRW
04 February 20241 ILS = 366.2 KRW
05 February 20241 ILS = 366.2 KRW
06 February 20241 ILS = 363.3 KRW
07 February 20241 ILS = 364.0 KRW
08 February 20241 ILS = 363.5 KRW
09 February 20241 ILS = 360.4 KRW
12 February 20241 ILS = 362.7 KRW
13 February 20241 ILS = 363.1 KRW
14 February 20241 ILS = 365.2 KRW
15 February 20241 ILS = 363.0 KRW
16 February 20241 ILS = 366.6 KRW
17 February 20241 ILS = 369.5 KRW
18 February 20241 ILS = 369.3 KRW
19 February 20241 ILS = 369.5 KRW
20 February 20241 ILS = 367.0 KRW
21 February 20241 ILS = 363.3 KRW
22 February 20241 ILS = 362.4 KRW
23 February 20241 ILS = 365.0 KRW
24 February 20241 ILS = 367.3 KRW
25 February 20241 ILS = 366.4 KRW
26 February 20241 ILS = 366.4 KRW
27 February 20241 ILS = 365.9 KRW
28 February 20241 ILS = 369.2 KRW
29 February 20241 ILS = 371.2 KRW

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.
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