South Korean Won indian rupee exchange rate history (KRW INR) December 2023

South Korean Won indian rupee history for December 2023. The highest quote for this month is 0.0644 (28/12/2023) and the lowest 0.065662 (29/12/2023). The difference between high and low is -1.96.

KRW INR average rate for December 2023 is 0.06401, the change between 01/12/2023 and 31/12/2023 is -0.19 %.

01 December 2023	1 KRW = 0.0643 INR
02 December 2023	1 KRW = 0.0644 INR
03 December 2023	1 KRW = 0.0643 INR
04 December 2023	1 KRW = 0.0641 INR
05 December 2023	1 KRW = 0.0638 INR
06 December 2023	1 KRW = 0.0634 INR
07 December 2023	1 KRW = 0.0634 INR
08 December 2023	1 KRW = 0.0635 INR
09 December 2023	1 KRW = 0.0638 INR
10 December 2023	1 KRW = 0.0634 INR
11 December 2023	1 KRW = 0.0634 INR
12 December 2023	1 KRW = 0.0634 INR
13 December 2023	1 KRW = 0.0637 INR
14 December 2023	1 KRW = 0.0645 INR
15 December 2023	1 KRW = 0.0645 INR
16 December 2023	1 KRW = 0.0638 INR
17 December 2023	1 KRW = 0.0638 INR
18 December 2023	1 KRW = 0.0651 INR
19 December 2023	1 KRW = 0.0638 INR
20 December 2023	1 KRW = 0.0640 INR
21 December 2023	1 KRW = 0.0642 INR
22 December 2023	1 KRW = 0.0644 INR
23 December 2023	1 KRW = 0.0641 INR
24 December 2023	1 KRW = 0.0641 INR
25 December 2023	1 KRW = 0.0641 INR
26 December 2023	1 KRW = 0.0642 INR
27 December 2023	1 KRW = 0.0643 INR
28 December 2023	1 KRW = 0.0643 INR
29 December 2023	1 KRW = 0.0644 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

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.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

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.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.

Historic South Korean Won Indian Rupee