Historic South Korean Won Bolivian boliviano

South Korean Won bolivian boliviano history for January 2024. The highest quote for this month is 0.005222 (14/01/2024) and the lowest 0.005224 (14/01/2024). The difference between high and low is -0.04.

KRW BOB average rate for January 2024 is 0.0051, the change between 01/01/2024 and 31/01/2024 is +2.74 %.

01 January 20241 KRW = 0.0052 BOB
02 January 20241 KRW = 0.0052 BOB
03 January 20241 KRW = 0.0051 BOB
04 January 20241 KRW = 0.0051 BOB
05 January 20241 KRW = 0.0051 BOB
06 January 20241 KRW = 0.0052 BOB
07 January 20241 KRW = 0.0052 BOB
08 January 20241 KRW = 0.0051 BOB
09 January 20241 KRW = 0.0051 BOB
10 January 20241 KRW = 0.0051 BOB
11 January 20241 KRW = 0.0051 BOB
12 January 20241 KRW = 0.0051 BOB
14 January 20241 KRW = 0.0052 BOB
15 January 20241 KRW = 0.0051 BOB
16 January 20241 KRW = 0.0051 BOB
17 January 20241 KRW = 0.0050 BOB
18 January 20241 KRW = 0.0050 BOB
19 January 20241 KRW = 0.0050 BOB
22 January 20241 KRW = 0.0050 BOB
23 January 20241 KRW = 0.0050 BOB
24 January 20241 KRW = 0.0050 BOB
25 January 20241 KRW = 0.0051 BOB
26 January 20241 KRW = 0.0050 BOB
28 January 20241 KRW = 0.0051 BOB
29 January 20241 KRW = 0.0050 BOB
30 January 20241 KRW = 0.0050 BOB
31 January 20241 KRW = 0.0051 BOB

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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

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.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

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.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.