Historic South Korean Won United States dollar

South Korean Won united states dollar history for January 2024. The highest quote for this month is 0.000773 (01/01/2024) and the lowest 0.000774 (02/01/2024). The difference between high and low is -0.13.

KRW USD average rate for January 2024 is 0.00076, the change between 01/01/2024 and 31/01/2024 is +2.46 %.

01 January 20241 KRW = 0.0008 USD
02 January 20241 KRW = 0.0008 USD
03 January 20241 KRW = 0.0008 USD
04 January 20241 KRW = 0.0008 USD
05 January 20241 KRW = 0.0008 USD
06 January 20241 KRW = 0.0008 USD
07 January 20241 KRW = 0.0008 USD
08 January 20241 KRW = 0.0008 USD
09 January 20241 KRW = 0.0008 USD
10 January 20241 KRW = 0.0008 USD
11 January 20241 KRW = 0.0008 USD
12 January 20241 KRW = 0.0008 USD
13 January 20241 KRW = 0.0008 USD
14 January 20241 KRW = 0.0008 USD
15 January 20241 KRW = 0.0008 USD
16 January 20241 KRW = 0.0008 USD
17 January 20241 KRW = 0.0007 USD
18 January 20241 KRW = 0.0007 USD
19 January 20241 KRW = 0.0007 USD
22 January 20241 KRW = 0.0008 USD
23 January 20241 KRW = 0.0007 USD
24 January 20241 KRW = 0.0007 USD
25 January 20241 KRW = 0.0008 USD
26 January 20241 KRW = 0.0007 USD
28 January 20241 KRW = 0.0007 USD
29 January 20241 KRW = 0.0007 USD
30 January 20241 KRW = 0.0008 USD
31 January 20241 KRW = 0.0008 USD

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.
KRW USD July 2023
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