Historic South Korean Won Bangladeshi Taka

South Korean Won bangladeshi taka history for May 2023. The highest quote for this month is 0.080932 (20/05/2023) and the lowest 0.080932 (20/05/2023). The difference between high and low is 0.

KRW BDT average rate for May 2023 is 0.07941, the change between 01/05/2023 and 31/05/2023 is -3.72 %.

01 May 20231 KRW = 0.0771 BDT
02 May 20231 KRW = 0.0777 BDT
03 May 20231 KRW = 0.0777 BDT
04 May 20231 KRW = 0.0785 BDT
05 May 20231 KRW = 0.0794 BDT
08 May 20231 KRW = 0.0796 BDT
09 May 20231 KRW = 0.0797 BDT
10 May 20231 KRW = 0.0804 BDT
11 May 20231 KRW = 0.0803 BDT
12 May 20231 KRW = 0.0795 BDT
15 May 20231 KRW = 0.0786 BDT
16 May 20231 KRW = 0.0796 BDT
17 May 20231 KRW = 0.0788 BDT
18 May 20231 KRW = 0.0792 BDT
19 May 20231 KRW = 0.0792 BDT
20 May 20231 KRW = 0.0809 BDT
22 May 20231 KRW = 0.0796 BDT
23 May 20231 KRW = 0.0804 BDT
24 May 20231 KRW = 0.0808 BDT
25 May 20231 KRW = 0.0800 BDT
26 May 20231 KRW = 0.0793 BDT
29 May 20231 KRW = 0.0800 BDT
30 May 20231 KRW = 0.0797 BDT
31 May 20231 KRW = 0.0800 BDT

20/03/2020: Banned Old Notes

Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.

12/06/2011: Denomination Revamp

Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.

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.

01/07/2007: Introduction of Polymer Banknotes

Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.

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.

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.

02/03/1976: Introduction of Decimal System

Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.

15/08/1975: Assassination of Sheikh Mujibur Rahman

The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.

04/01/1972: Introduction of Bangladeshi Taka

The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.

25/03/1971: Declaration of Independence

Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.

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.