Historic South Korean Won Barbadian dollar

South Korean Won barbadian dollar history for February 2024. The highest quote for this month is 0.001506 (10/02/2024) and the lowest 0.001525 (09/02/2024). The difference between high and low is -1.26.

KRW BBD average rate for February 2024 is 0.00149, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 KRW = 0.0015 BBD
02 February 20241 KRW = 0.0015 BBD
03 February 20241 KRW = 0.0015 BBD
04 February 20241 KRW = 0.0015 BBD
05 February 20241 KRW = 0.0015 BBD
06 February 20241 KRW = 0.0015 BBD
07 February 20241 KRW = 0.0015 BBD
08 February 20241 KRW = 0.0015 BBD
09 February 20241 KRW = 0.0015 BBD
10 February 20241 KRW = 0.0015 BBD
12 February 20241 KRW = 0.0015 BBD
13 February 20241 KRW = 0.0015 BBD
14 February 20241 KRW = 0.0015 BBD
15 February 20241 KRW = 0.0015 BBD
16 February 20241 KRW = 0.0015 BBD
17 February 20241 KRW = 0.0015 BBD
18 February 20241 KRW = 0.0015 BBD
19 February 20241 KRW = 0.0015 BBD
20 February 20241 KRW = 0.0015 BBD
21 February 20241 KRW = 0.0015 BBD
22 February 20241 KRW = 0.0015 BBD
23 February 20241 KRW = 0.0015 BBD
24 February 20241 KRW = 0.0015 BBD
25 February 20241 KRW = 0.0015 BBD
26 February 20241 KRW = 0.0015 BBD
27 February 20241 KRW = 0.0015 BBD
28 February 20241 KRW = 0.0015 BBD
29 February 20241 KRW = 0.0015 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

01/01/1998: 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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
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