Historic South Korean Won Fijian Dollar

South Korean Won fijian dollar history for January 2024. The highest quote for this month is 0.001692 (12/01/2024) and the lowest 0.001708 (12/01/2024). The difference between high and low is -0.95.

KRW FJD average rate for January 2024 is 0.00168, the change between 01/01/2024 and 31/01/2024 is +0.77 %.

01 January 20241 KRW = 0.0017 FJD
02 January 20241 KRW = 0.0017 FJD
03 January 20241 KRW = 0.0017 FJD
04 January 20241 KRW = 0.0017 FJD
05 January 20241 KRW = 0.0017 FJD
08 January 20241 KRW = 0.0017 FJD
09 January 20241 KRW = 0.0017 FJD
10 January 20241 KRW = 0.0017 FJD
11 January 20241 KRW = 0.0017 FJD
12 January 20241 KRW = 0.0017 FJD
15 January 20241 KRW = 0.0017 FJD
16 January 20241 KRW = 0.0017 FJD
17 January 20241 KRW = 0.0017 FJD
18 January 20241 KRW = 0.0017 FJD
19 January 20241 KRW = 0.0017 FJD
22 January 20241 KRW = 0.0017 FJD
23 January 20241 KRW = 0.0017 FJD
24 January 20241 KRW = 0.0017 FJD
25 January 20241 KRW = 0.0017 FJD
26 January 20241 KRW = 0.0017 FJD
29 January 20241 KRW = 0.0017 FJD
30 January 20241 KRW = 0.0017 FJD
31 January 20241 KRW = 0.0017 FJD

10/10/2013: Plastic Banknotes Introduced

Polymer banknotes made of plastic were introduced to improve the durability and security of Fijian currency.

28/04/2009: Floating Exchange Rate

Fiji adopted a floating exchange rate regime, allowing the value of the Fijian Dollar to be determined by market forces.

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.

14/01/1985: Currency Devaluation

Fijian Dollar was devalued by 20% to combat economic instability caused by a trade deficit.

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.

15/01/1971: Fixed Exchange Rate

Fijian Dollar was pegged to the Australian Dollar at a fixed exchange rate of 1:1.

12/12/1969: Decimalization of Currency

Fiji switched from the pound system to decimal currency, introducing the Fijian Dollar divided into 100 cents.

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.

01/01/1875: Introduction of Fijian Currency

Fijian Coins and Banknotes were introduced as legal tender, replacing Spanish Dollars.

10/10/1873: Devaluation of Spanish Dollars

The Spanish Dollars were devalued by 20% in the British Colony of Fiji, leading to a change in currency.