South Korean Won pound sterling exchange rate history (KRW GBP) December 2023

South Korean Won pound sterling history for December 2023. The highest quote for this month is 0.000611 (14/12/2023) and the lowest 0.000622 (29/12/2023). The difference between high and low is -1.8.

KRW GBP average rate for December 2023 is 0.00061, the change between 01/12/2023 and 31/12/2023 is -0.65 %.

01 December 2023	1 KRW = 0.0006 GBP
03 December 2023	1 KRW = 0.0006 GBP
04 December 2023	1 KRW = 0.0006 GBP
05 December 2023	1 KRW = 0.0006 GBP
06 December 2023	1 KRW = 0.0006 GBP
07 December 2023	1 KRW = 0.0006 GBP
08 December 2023	1 KRW = 0.0006 GBP
10 December 2023	1 KRW = 0.0006 GBP
11 December 2023	1 KRW = 0.0006 GBP
12 December 2023	1 KRW = 0.0006 GBP
13 December 2023	1 KRW = 0.0006 GBP
14 December 2023	1 KRW = 0.0006 GBP
15 December 2023	1 KRW = 0.0006 GBP
17 December 2023	1 KRW = 0.0006 GBP
18 December 2023	1 KRW = 0.0006 GBP
19 December 2023	1 KRW = 0.0006 GBP
20 December 2023	1 KRW = 0.0006 GBP
21 December 2023	1 KRW = 0.0006 GBP
22 December 2023	1 KRW = 0.0006 GBP
24 December 2023	1 KRW = 0.0006 GBP
25 December 2023	1 KRW = 0.0006 GBP
26 December 2023	1 KRW = 0.0006 GBP
27 December 2023	1 KRW = 0.0006 GBP
28 December 2023	1 KRW = 0.0006 GBP
29 December 2023	1 KRW = 0.0006 GBP

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic South Korean Won Pound sterling