Historic South Korean Won New Zealand Dollar

South Korean Won new zealand dollar history for January 2024. The highest quote for this month is 0.001229 (23/01/2024) and the lowest 0.001228 (23/01/2024). The difference between high and low is 0.08.

KRW NZD average rate for January 2024 is 0.00122, the change between 01/01/2024 and 31/01/2024 is -0.49 %.

01 January 20241 KRW = 0.0012 NZD
02 January 20241 KRW = 0.0012 NZD
03 January 20241 KRW = 0.0012 NZD
04 January 20241 KRW = 0.0012 NZD
05 January 20241 KRW = 0.0012 NZD
06 January 20241 KRW = 0.0012 NZD
07 January 20241 KRW = 0.0012 NZD
08 January 20241 KRW = 0.0012 NZD
09 January 20241 KRW = 0.0012 NZD
10 January 20241 KRW = 0.0012 NZD
11 January 20241 KRW = 0.0012 NZD
12 January 20241 KRW = 0.0012 NZD
13 January 20241 KRW = 0.0012 NZD
14 January 20241 KRW = 0.0012 NZD
15 January 20241 KRW = 0.0012 NZD
16 January 20241 KRW = 0.0012 NZD
17 January 20241 KRW = 0.0012 NZD
18 January 20241 KRW = 0.0012 NZD
19 January 20241 KRW = 0.0012 NZD
22 January 20241 KRW = 0.0012 NZD
23 January 20241 KRW = 0.0012 NZD
24 January 20241 KRW = 0.0012 NZD
25 January 20241 KRW = 0.0012 NZD
26 January 20241 KRW = 0.0012 NZD
28 January 20241 KRW = 0.0012 NZD
29 January 20241 KRW = 0.0012 NZD
30 January 20241 KRW = 0.0012 NZD
31 January 20241 KRW = 0.0012 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
KRW NZD July 2023
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