Historic Japanese Yen North Korean won

Japanese Yen north korean won history for February 2024. The highest quote for this month is 6.1179 (01/02/2024) and the lowest 6.1677 (01/02/2024). The difference between high and low is -0.81.

JPY KPW average rate for February 2024 is 6.01894, the change between 01/02/2024 and 29/02/2024 is +2.43 %.

01 February 20241 JPY = 6.12 KPW
02 February 20241 JPY = 6.15 KPW
04 February 20241 JPY = 6.07 KPW
05 February 20241 JPY = 6.06 KPW
06 February 20241 JPY = 6.05 KPW
07 February 20241 JPY = 6.09 KPW
08 February 20241 JPY = 6.08 KPW
09 February 20241 JPY = 6.03 KPW
11 February 20241 JPY = 6.03 KPW
12 February 20241 JPY = 6.03 KPW
13 February 20241 JPY = 6.02 KPW
14 February 20241 JPY = 5.97 KPW
15 February 20241 JPY = 5.98 KPW
16 February 20241 JPY = 6.00 KPW
17 February 20241 JPY = 5.99 KPW
18 February 20241 JPY = 5.99 KPW
19 February 20241 JPY = 6.00 KPW
20 February 20241 JPY = 5.99 KPW
21 February 20241 JPY = 6.00 KPW
22 February 20241 JPY = 5.99 KPW
23 February 20241 JPY = 5.98 KPW
24 February 20241 JPY = 5.98 KPW
25 February 20241 JPY = 5.98 KPW
26 February 20241 JPY = 5.98 KPW
27 February 20241 JPY = 5.98 KPW
28 February 20241 JPY = 5.98 KPW
29 February 20241 JPY = 5.97 KPW

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major 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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

30/11/2009: Currency revaluation

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

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

25/02/1992: Introducing foreign exchange certificates

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

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

06/12/1979: Second major revaluation

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

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods 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.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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.