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

South Korean Won iraqi dinar history for September 2023. The highest quote for this month is 0.9839 (18/09/2023) and the lowest 0.9835 (23/09/2023). The difference between high and low is 0.04.

KRW IQD average rate for September 2023 is 0.97493, the change between 01/09/2023 and 30/09/2023 is -0.37 %.

01 September 2023	1 KRW = 0.9641 IQD
04 September 2023	1 KRW = 0.9775 IQD
05 September 2023	1 KRW = 0.9733 IQD
06 September 2023	1 KRW = 0.9639 IQD
07 September 2023	1 KRW = 0.9809 IQD
08 September 2023	1 KRW = 0.9797 IQD
11 September 2023	1 KRW = 0.9586 IQD
12 September 2023	1 KRW = 0.9906 IQD
13 September 2023	1 KRW = 0.9871 IQD
14 September 2023	1 KRW = 0.9829 IQD
15 September 2023	1 KRW = 0.9856 IQD
18 September 2023	1 KRW = 0.9631 IQD
19 September 2023	1 KRW = 0.9837 IQD
20 September 2023	1 KRW = 0.9861 IQD
21 September 2023	1 KRW = 0.9817 IQD
22 September 2023	1 KRW = 0.9745 IQD
23 September 2023	1 KRW = 0.9810 IQD
24 September 2023	1 KRW = 0.9803 IQD
25 September 2023	1 KRW = 0.9567 IQD
26 September 2023	1 KRW = 0.9772 IQD
27 September 2023	1 KRW = 0.9655 IQD
28 September 2023	1 KRW = 0.9669 IQD
29 September 2023	1 KRW = 0.9697 IQD
30 September 2023	1 KRW = 0.9677 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