South Korean Won united states dollar exchange rate history (KRW USD) March 2024

South Korean Won united states dollar history for March 2024. The highest quote for this month is 0.000761 (12/03/2024) and the lowest 0.000769 (08/03/2024). The difference between high and low is -1.05.

KRW USD average rate for March 2024 is 0.00076, the change between 01/03/2024 and 31/03/2024 is -2 %.

01 March 2024	1 KRW = 0.0007 USD
03 March 2024	1 KRW = 0.0008 USD
04 March 2024	1 KRW = 0.0008 USD
05 March 2024	1 KRW = 0.0008 USD
06 March 2024	1 KRW = 0.0008 USD
07 March 2024	1 KRW = 0.0008 USD
08 March 2024	1 KRW = 0.0008 USD
09 March 2024	1 KRW = 0.0008 USD
10 March 2024	1 KRW = 0.0008 USD
11 March 2024	1 KRW = 0.0008 USD
12 March 2024	1 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.