South Korean Won iraqi dinar exchange rate history (KRW IQD) December 2023

South Korean Won iraqi dinar history for December 2023. The highest quote for this month is 1.0109 (02/12/2023) and the lowest 1.0178 (29/12/2023). The difference between high and low is -0.68.

KRW IQD average rate for December 2023 is 1.00059, the change between 01/12/2023 and 31/12/2023 is -3.56 %.

01 December 2023	1 KRW = 0.9884 IQD
02 December 2023	1 KRW = 1.012 IQD
03 December 2023	1 KRW = 1.011 IQD
04 December 2023	1 KRW = 0.9878 IQD
05 December 2023	1 KRW = 1.000 IQD
06 December 2023	1 KRW = 0.9959 IQD
07 December 2023	1 KRW = 0.9766 IQD
08 December 2023	1 KRW = 0.9964 IQD
10 December 2023	1 KRW = 0.9944 IQD
11 December 2023	1 KRW = 0.9748 IQD
12 December 2023	1 KRW = 0.9965 IQD
13 December 2023	1 KRW = 0.9787 IQD
14 December 2023	1 KRW = 1.012 IQD
15 December 2023	1 KRW = 1.012 IQD
16 December 2023	1 KRW = 1.006 IQD
17 December 2023	1 KRW = 1.006 IQD
18 December 2023	1 KRW = 1.010 IQD
19 December 2023	1 KRW = 0.9835 IQD
20 December 2023	1 KRW = 1.008 IQD
21 December 2023	1 KRW = 1.009 IQD
22 December 2023	1 KRW = 1.013 IQD
23 December 2023	1 KRW = 1.009 IQD
24 December 2023	1 KRW = 1.009 IQD
25 December 2023	1 KRW = 0.9899 IQD
26 December 2023	1 KRW = 0.9920 IQD
27 December 2023	1 KRW = 1.011 IQD
28 December 2023	1 KRW = 1.010 IQD
29 December 2023	1 KRW = 1.024 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic South Korean Won Iraqi dinar