Historic South Korean Won Singapore dollar

South Korean Won singapore dollar history for February 2024. The highest quote for this month is 0.001014 (10/02/2024) and the lowest 0.001041 (09/02/2024). The difference between high and low is -2.66.

KRW SGD average rate for February 2024 is 0.00101, the change between 01/02/2024 and 29/02/2024 is -0.4 %.

01 February 20241 KRW = 0.0010 SGD
02 February 20241 KRW = 0.0010 SGD
03 February 20241 KRW = 0.0010 SGD
04 February 20241 KRW = 0.0010 SGD
05 February 20241 KRW = 0.0010 SGD
06 February 20241 KRW = 0.0010 SGD
07 February 20241 KRW = 0.0010 SGD
08 February 20241 KRW = 0.0010 SGD
09 February 20241 KRW = 0.0010 SGD
10 February 20241 KRW = 0.0010 SGD
12 February 20241 KRW = 0.0010 SGD
13 February 20241 KRW = 0.0010 SGD
14 February 20241 KRW = 0.0010 SGD
15 February 20241 KRW = 0.0010 SGD
16 February 20241 KRW = 0.0010 SGD
17 February 20241 KRW = 0.0010 SGD
18 February 20241 KRW = 0.0010 SGD
19 February 20241 KRW = 0.0010 SGD
20 February 20241 KRW = 0.0010 SGD
21 February 20241 KRW = 0.0010 SGD
22 February 20241 KRW = 0.0010 SGD
23 February 20241 KRW = 0.0010 SGD
24 February 20241 KRW = 0.0010 SGD
25 February 20241 KRW = 0.0010 SGD
26 February 20241 KRW = 0.0010 SGD
27 February 20241 KRW = 0.0010 SGD
28 February 20241 KRW = 0.0010 SGD
29 February 20241 KRW = 0.0010 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.