Historic South Korean Won Salvadoran Colón

South Korean Won salvadoran colón history for August 2023. The highest quote for this month is 0.006682 (05/08/2023) and the lowest 0.006696 (01/08/2023). The difference between high and low is -0.21.

KRW SVC average rate for August 2023 is 0.00648, the change between 01/08/2023 and 31/08/2023 is +3.43 %.

01 August 20231 KRW = 0.0067 SVC
02 August 20231 KRW = 0.0066 SVC
03 August 20231 KRW = 0.0066 SVC
04 August 20231 KRW = 0.0066 SVC
05 August 20231 KRW = 0.0067 SVC
07 August 20231 KRW = 0.0065 SVC
08 August 20231 KRW = 0.0065 SVC
09 August 20231 KRW = 0.0065 SVC
10 August 20231 KRW = 0.0065 SVC
11 August 20231 KRW = 0.0065 SVC
12 August 20231 KRW = 0.0066 SVC
14 August 20231 KRW = 0.0064 SVC
15 August 20231 KRW = 0.0064 SVC
16 August 20231 KRW = 0.0064 SVC
17 August 20231 KRW = 0.0064 SVC
18 August 20231 KRW = 0.0064 SVC
20 August 20231 KRW = 0.0065 SVC
21 August 20231 KRW = 0.0064 SVC
22 August 20231 KRW = 0.0064 SVC
23 August 20231 KRW = 0.0064 SVC
24 August 20231 KRW = 0.0064 SVC
25 August 20231 KRW = 0.0064 SVC
28 August 20231 KRW = 0.0064 SVC
29 August 20231 KRW = 0.0064 SVC
30 August 20231 KRW = 0.0065 SVC
31 August 20231 KRW = 0.0065 SVC

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.

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.