South Korean Won kuwaiti dinar exchange rate history (KRW KWD) January 2024

South Korean Won kuwaiti dinar history for January 2024. The highest quote for this month is 0.000237 (01/01/2024) and the lowest 0.000238 (02/01/2024). The difference between high and low is -0.42.

KRW KWD average rate for January 2024 is 0.00023, the change between 01/01/2024 and 31/01/2024 is +2.11 %.

01 January 2024	1 KRW = 0.0002 KWD
02 January 2024	1 KRW = 0.0002 KWD
03 January 2024	1 KRW = 0.0002 KWD
04 January 2024	1 KRW = 0.0002 KWD
05 January 2024	1 KRW = 0.0002 KWD
06 January 2024	1 KRW = 0.0002 KWD
07 January 2024	1 KRW = 0.0002 KWD
08 January 2024	1 KRW = 0.0002 KWD
09 January 2024	1 KRW = 0.0002 KWD
10 January 2024	1 KRW = 0.0002 KWD
11 January 2024	1 KRW = 0.0002 KWD
12 January 2024	1 KRW = 0.0002 KWD
14 January 2024	1 KRW = 0.0002 KWD
15 January 2024	1 KRW = 0.0002 KWD
16 January 2024	1 KRW = 0.0002 KWD
17 January 2024	1 KRW = 0.0002 KWD
18 January 2024	1 KRW = 0.0002 KWD
19 January 2024	1 KRW = 0.0002 KWD
22 January 2024	1 KRW = 0.0002 KWD
23 January 2024	1 KRW = 0.0002 KWD
24 January 2024	1 KRW = 0.0002 KWD
25 January 2024	1 KRW = 0.0002 KWD
26 January 2024	1 KRW = 0.0002 KWD
28 January 2024	1 KRW = 0.0002 KWD
29 January 2024	1 KRW = 0.0002 KWD
30 January 2024	1 KRW = 0.0002 KWD
31 January 2024	1 KRW = 0.0002 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti 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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.

Historic South Korean Won Kuwaiti Dinar