Historic South Korean Won Samoan Tala

South Korean Won samoan tala history for March 2024. The highest quote for this month is 0.002076 (12/03/2024) and the lowest 0.002085 (12/03/2024). The difference between high and low is -0.43.

KRW WST average rate for March 2024 is 0.00205, the change between 01/03/2024 and 31/03/2024 is -3.74 %.

01 March 20241 KRW = 0.0020 WST
03 March 20241 KRW = 0.0020 WST
04 March 20241 KRW = 0.0021 WST
05 March 20241 KRW = 0.0021 WST
06 March 20241 KRW = 0.0021 WST
07 March 20241 KRW = 0.0021 WST
08 March 20241 KRW = 0.0020 WST
10 March 20241 KRW = 0.0020 WST
11 March 20241 KRW = 0.0021 WST
12 March 20241 KRW = 0.0021 WST

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.

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.