South Korean Won tanzanian shilling exchange rate history (KRW TZS) March 2024

South Korean Won tanzanian shilling history for March 2024. The highest quote for this month is 1.9402 (11/03/2024) and the lowest 1.9509 (08/03/2024). The difference between high and low is -0.55.

KRW TZS average rate for March 2024 is 1.91493, the change between 01/03/2024 and 31/03/2024 is -1.84 %.

01 March 2024	1 KRW = 1.910 TZS
03 March 2024	1 KRW = 1.912 TZS
04 March 2024	1 KRW = 1.875 TZS
05 March 2024	1 KRW = 1.919 TZS
06 March 2024	1 KRW = 1.912 TZS
07 March 2024	1 KRW = 1.922 TZS
08 March 2024	1 KRW = 1.922 TZS
10 March 2024	1 KRW = 1.932 TZS
11 March 2024	1 KRW = 1.901 TZS
12 March 2024	1 KRW = 1.945 TZS

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.