Historic South Korean Won Czech koruna

South Korean Won czech koruna history for February 2024. The highest quote for this month is 0.017803 (15/02/2024) and the lowest 0.018026 (09/02/2024). The difference between high and low is -1.25.

KRW CZK average rate for February 2024 is 0.01753, the change between 01/02/2024 and 29/02/2024 is -1.63 %.

01 February 20241 KRW = 0.0172 CZK
02 February 20241 KRW = 0.0172 CZK
03 February 20241 KRW = 0.0173 CZK
04 February 20241 KRW = 0.0172 CZK
05 February 20241 KRW = 0.0173 CZK
06 February 20241 KRW = 0.0174 CZK
07 February 20241 KRW = 0.0174 CZK
08 February 20241 KRW = 0.0174 CZK
09 February 20241 KRW = 0.0176 CZK
12 February 20241 KRW = 0.0176 CZK
13 February 20241 KRW = 0.0176 CZK
14 February 20241 KRW = 0.0176 CZK
15 February 20241 KRW = 0.0178 CZK
16 February 20241 KRW = 0.0177 CZK
17 February 20241 KRW = 0.0177 CZK
18 February 20241 KRW = 0.0177 CZK
19 February 20241 KRW = 0.0177 CZK
20 February 20241 KRW = 0.0177 CZK
21 February 20241 KRW = 0.0176 CZK
22 February 20241 KRW = 0.0175 CZK
23 February 20241 KRW = 0.0176 CZK
24 February 20241 KRW = 0.0176 CZK
25 February 20241 KRW = 0.0176 CZK
26 February 20241 KRW = 0.0176 CZK
27 February 20241 KRW = 0.0175 CZK
28 February 20241 KRW = 0.0175 CZK
29 February 20241 KRW = 0.0175 CZK

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

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.