Historic South Korean Won Iraqi dinar

South Korean Won iraqi dinar history for February 2024. The highest quote for this month is 0.9843 (24/02/2024) and the lowest 0.9915 (09/02/2024). The difference between high and low is -0.73.

KRW IQD average rate for February 2024 is 0.97754, the change between 01/02/2024 and 29/02/2024 is +2.14 %.

01 February 20241 KRW = 0.9806 IQD
02 February 20241 KRW = 0.9842 IQD
03 February 20241 KRW = 0.9784 IQD
04 February 20241 KRW = 0.9784 IQD
05 February 20241 KRW = 0.9675 IQD
06 February 20241 KRW = 0.9626 IQD
07 February 20241 KRW = 0.9858 IQD
08 February 20241 KRW = 0.9845 IQD
09 February 20241 KRW = 0.9824 IQD
12 February 20241 KRW = 0.9631 IQD
13 February 20241 KRW = 0.9846 IQD
14 February 20241 KRW = 0.9755 IQD
15 February 20241 KRW = 0.9864 IQD
16 February 20241 KRW = 0.9852 IQD
17 February 20241 KRW = 0.9834 IQD
18 February 20241 KRW = 0.9834 IQD
19 February 20241 KRW = 0.9629 IQD
20 February 20241 KRW = 0.9614 IQD
21 February 20241 KRW = 0.9807 IQD
22 February 20241 KRW = 0.9813 IQD
23 February 20241 KRW = 0.9856 IQD
24 February 20241 KRW = 0.9843 IQD
25 February 20241 KRW = 0.9843 IQD
26 February 20241 KRW = 0.9633 IQD
27 February 20241 KRW = 0.9822 IQD
28 February 20241 KRW = 0.9821 IQD
29 February 20241 KRW = 0.9596 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.
KRW IQD August 2023
KRW IQD September 2023
KRW IQD October 2023
KRW IQD November 2023
KRW IQD December 2023
KRW IQD January 2024
KRW IQD February 2024
KRW IQD March 2024
KRW IQD April 2024
KRW IQD May 2024
KRW IQD June 2024
KRW IQD July 2024
KRW IQD August 2024