South Korean Won philippine peso exchange rate history (KRW PHP) December 2023

South Korean Won philippine peso history for December 2023. The highest quote for this month is 0.043185 (27/12/2023) and the lowest 0.043704 (29/12/2023). The difference between high and low is -1.2.

KRW PHP average rate for December 2023 is 0.04267, the change between 01/12/2023 and 31/12/2023 is -1.13 %.

01 December 2023	1 KRW = 0.0428 PHP
02 December 2023	1 KRW = 0.0429 PHP
03 December 2023	1 KRW = 0.0429 PHP
04 December 2023	1 KRW = 0.0425 PHP
05 December 2023	1 KRW = 0.0423 PHP
06 December 2023	1 KRW = 0.0420 PHP
07 December 2023	1 KRW = 0.0421 PHP
08 December 2023	1 KRW = 0.0422 PHP
10 December 2023	1 KRW = 0.0421 PHP
11 December 2023	1 KRW = 0.0421 PHP
12 December 2023	1 KRW = 0.0423 PHP
13 December 2023	1 KRW = 0.0424 PHP
14 December 2023	1 KRW = 0.0429 PHP
15 December 2023	1 KRW = 0.0431 PHP
16 December 2023	1 KRW = 0.0428 PHP
17 December 2023	1 KRW = 0.0428 PHP
18 December 2023	1 KRW = 0.0437 PHP
19 December 2023	1 KRW = 0.0427 PHP
20 December 2023	1 KRW = 0.0428 PHP
21 December 2023	1 KRW = 0.0429 PHP
22 December 2023	1 KRW = 0.0428 PHP
23 December 2023	1 KRW = 0.0427 PHP
24 December 2023	1 KRW = 0.0427 PHP
25 December 2023	1 KRW = 0.0426 PHP
26 December 2023	1 KRW = 0.0428 PHP
27 December 2023	1 KRW = 0.0428 PHP
28 December 2023	1 KRW = 0.0429 PHP
29 December 2023	1 KRW = 0.0433 PHP

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.

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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

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.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.

Historic South Korean Won Philippine peso