Historic Israeli Sheqel South Korean Won

Israeli Sheqel south korean won history for January 2024. The highest quote for this month is 364.52 (30/01/2024) and the lowest 365.67 (31/01/2024). The difference between high and low is -0.32.

ILS KRW average rate for January 2024 is 357.14037, the change between 01/01/2024 and 31/01/2024 is -0.91 %.

01 January 20241 ILS = 359.3 KRW
02 January 20241 ILS = 359.3 KRW
03 January 20241 ILS = 359.5 KRW
04 January 20241 ILS = 358.2 KRW
05 January 20241 ILS = 358.8 KRW
06 January 20241 ILS = 358.4 KRW
07 January 20241 ILS = 357.5 KRW
08 January 20241 ILS = 357.3 KRW
09 January 20241 ILS = 353.9 KRW
10 January 20241 ILS = 353.8 KRW
11 January 20241 ILS = 352.6 KRW
12 January 20241 ILS = 350.3 KRW
14 January 20241 ILS = 352.2 KRW
15 January 20241 ILS = 352.1 KRW
16 January 20241 ILS = 351.9 KRW
17 January 20241 ILS = 355.1 KRW
18 January 20241 ILS = 354.2 KRW
19 January 20241 ILS = 355.9 KRW
22 January 20241 ILS = 356.4 KRW
23 January 20241 ILS = 355.9 KRW
24 January 20241 ILS = 356.2 KRW
25 January 20241 ILS = 359.3 KRW
26 January 20241 ILS = 361.5 KRW
28 January 20241 ILS = 363.0 KRW
29 January 20241 ILS = 363.0 KRW
30 January 20241 ILS = 364.8 KRW
31 January 20241 ILS = 362.6 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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