Historic South Korean Won Iraqi dinar

South Korean Won iraqi dinar history for November 2023. The highest quote for this month is 1.0114 (21/11/2023) and the lowest 1.0106 (18/11/2023). The difference between high and low is 0.08.

KRW IQD average rate for November 2023 is 0.9955, the change between 01/11/2023 and 30/11/2023 is -4.79 %.

01 November 20231 KRW = 0.9688 IQD
02 November 20231 KRW = 0.9704 IQD
03 November 20231 KRW = 0.9587 IQD
06 November 20231 KRW = 0.9721 IQD
07 November 20231 KRW = 1.008 IQD
08 November 20231 KRW = 1.003 IQD
09 November 20231 KRW = 0.9999 IQD
10 November 20231 KRW = 0.9938 IQD
12 November 20231 KRW = 0.9936 IQD
13 November 20231 KRW = 0.9679 IQD
14 November 20231 KRW = 0.9916 IQD
15 November 20231 KRW = 1.003 IQD
16 November 20231 KRW = 1.005 IQD
17 November 20231 KRW = 1.012 IQD
18 November 20231 KRW = 1.011 IQD
19 November 20231 KRW = 1.011 IQD
20 November 20231 KRW = 0.9858 IQD
21 November 20231 KRW = 1.015 IQD
22 November 20231 KRW = 1.009 IQD
23 November 20231 KRW = 0.9861 IQD
24 November 20231 KRW = 0.9870 IQD
26 November 20231 KRW = 1.005 IQD
27 November 20231 KRW = 0.9911 IQD
28 November 20231 KRW = 1.004 IQD
29 November 20231 KRW = 1.016 IQD
30 November 20231 KRW = 1.015 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.