Historic South Korean Won Bahraini dinar

South Korean Won bahraini dinar history for February 2024. The highest quote for this month is 0.000284 (07/02/2024) and the lowest 0.00029 (09/02/2024). The difference between high and low is -2.11.

KRW BHD average rate for February 2024 is 0.00028, the change between 01/02/2024 and 29/02/2024 is -0.36 %.

01 February 20241 KRW = 0.0003 BHD
02 February 20241 KRW = 0.0003 BHD
03 February 20241 KRW = 0.0003 BHD
04 February 20241 KRW = 0.0003 BHD
05 February 20241 KRW = 0.0003 BHD
06 February 20241 KRW = 0.0003 BHD
07 February 20241 KRW = 0.0003 BHD
08 February 20241 KRW = 0.0003 BHD
09 February 20241 KRW = 0.0003 BHD
12 February 20241 KRW = 0.0003 BHD
13 February 20241 KRW = 0.0003 BHD
14 February 20241 KRW = 0.0003 BHD
15 February 20241 KRW = 0.0003 BHD
16 February 20241 KRW = 0.0003 BHD
17 February 20241 KRW = 0.0003 BHD
18 February 20241 KRW = 0.0003 BHD
19 February 20241 KRW = 0.0003 BHD
20 February 20241 KRW = 0.0003 BHD
21 February 20241 KRW = 0.0003 BHD
22 February 20241 KRW = 0.0003 BHD
23 February 20241 KRW = 0.0003 BHD
24 February 20241 KRW = 0.0003 BHD
25 February 20241 KRW = 0.0003 BHD
26 February 20241 KRW = 0.0003 BHD
27 February 20241 KRW = 0.0003 BHD
28 February 20241 KRW = 0.0003 BHD
29 February 20241 KRW = 0.0003 BHD

19/05/2019: Launch of New Bahraini Dinar Series

A new series of Bahraini dinar banknotes was launched, featuring enhanced security features, updated designs, and braille markings for the visually impaired.

06/02/2014: Introduction of Polymer Banknotes

Bahrain introduced polymer banknotes for the first time, enhancing durability and security of the currency.

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.

30/09/2006: Bahraini Dinar Convertibility

Bahrain lifted the restrictions on the convertibility of the Bahraini dinar, allowing it to be freely traded and exchanged internationally.

20/08/2001: Bahraini Dinar Second Edition

A new series of Bahraini dinar banknotes was introduced, featuring enhanced security features and updated designs.

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.

24/06/1994: Establishment of the Bahrain Monetary Agency

The Bahrain Monetary Agency (now known as the Central Bank of Bahrain) was established to regulate and oversee the Bahraini dinar.

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.

31/12/1972: Bahrain Dinar Pegged to US Dollar

The Bahraini Dinar was pegged to the US Dollar at a fixed exchange rate of 1 dinar = $2.80, which continues to this day.

15/10/1965: Introduction of the Bahraini Dinar

The Bahraini Dinar was introduced as the official currency of Bahrain, replacing the Gulf rupee at a rate of 1 dinar = 10 rupees.

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.

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.
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