South Korean Won hungarian forint exchange rate history (KRW HUF) December 2023

South Korean Won hungarian forint history for December 2023. The highest quote for this month is 0.27093 (18/12/2023) and the lowest 0.27364 (29/12/2023). The difference between high and low is -1.

KRW HUF average rate for December 2023 is 0.26874, the change between 01/12/2023 and 31/12/2023 is -0.57 %.

01 December 2023	1 KRW = 0.2690 HUF
02 December 2023	1 KRW = 0.2690 HUF
03 December 2023	1 KRW = 0.2688 HUF
04 December 2023	1 KRW = 0.2675 HUF
05 December 2023	1 KRW = 0.2678 HUF
06 December 2023	1 KRW = 0.2678 HUF
07 December 2023	1 KRW = 0.2685 HUF
08 December 2023	1 KRW = 0.2691 HUF
10 December 2023	1 KRW = 0.2690 HUF
11 December 2023	1 KRW = 0.2681 HUF
12 December 2023	1 KRW = 0.2709 HUF
13 December 2023	1 KRW = 0.2699 HUF
14 December 2023	1 KRW = 0.2695 HUF
15 December 2023	1 KRW = 0.2671 HUF
16 December 2023	1 KRW = 0.2698 HUF
17 December 2023	1 KRW = 0.2698 HUF
18 December 2023	1 KRW = 0.2746 HUF
19 December 2023	1 KRW = 0.2701 HUF
20 December 2023	1 KRW = 0.2697 HUF
21 December 2023	1 KRW = 0.2703 HUF
22 December 2023	1 KRW = 0.2688 HUF
23 December 2023	1 KRW = 0.2665 HUF
24 December 2023	1 KRW = 0.2665 HUF
25 December 2023	1 KRW = 0.2662 HUF
26 December 2023	1 KRW = 0.2674 HUF
27 December 2023	1 KRW = 0.2671 HUF
28 December 2023	1 KRW = 0.2656 HUF
29 December 2023	1 KRW = 0.2706 HUF

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

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.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.

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.

Historic South Korean Won Hungarian forint