Historic South Korean Won Chilean Peso

South Korean Won chilean peso history for November 2023. The highest quote for this month is 0.69621 (10/11/2023) and the lowest 0.69237 (12/11/2023). The difference between high and low is 0.55.

KRW CLP average rate for November 2023 is 0.67686, the change between 01/11/2023 and 30/11/2023 is -1.71 %.

01 November 20231 KRW = 0.6633 CLP
02 November 20231 KRW = 0.6642 CLP
03 November 20231 KRW = 0.6648 CLP
06 November 20231 KRW = 0.6649 CLP
07 November 20231 KRW = 0.6794 CLP
08 November 20231 KRW = 0.6790 CLP
09 November 20231 KRW = 0.6868 CLP
10 November 20231 KRW = 0.6925 CLP
11 November 20231 KRW = 0.6922 CLP
12 November 20231 KRW = 0.6924 CLP
13 November 20231 KRW = 0.6833 CLP
14 November 20231 KRW = 0.6992 CLP
15 November 20231 KRW = 0.6830 CLP
16 November 20231 KRW = 0.6814 CLP
17 November 20231 KRW = 0.6815 CLP
18 November 20231 KRW = 0.6815 CLP
19 November 20231 KRW = 0.6815 CLP
20 November 20231 KRW = 0.6644 CLP
21 November 20231 KRW = 0.6815 CLP
22 November 20231 KRW = 0.6713 CLP
23 November 20231 KRW = 0.6707 CLP
24 November 20231 KRW = 0.6714 CLP
26 November 20231 KRW = 0.6654 CLP
27 November 20231 KRW = 0.6631 CLP
28 November 20231 KRW = 0.6684 CLP
29 November 20231 KRW = 0.6735 CLP
30 November 20231 KRW = 0.6746 CLP

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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

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.

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

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.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.