Historic Kuwaiti Dinar South Korean Won

Kuwaiti Dinar south korean won history for January 2024. The highest quote for this month is 4391.63 (17/01/2024) and the lowest 4350.69 (17/01/2024). The difference between high and low is 0.93.

KWD KRW average rate for January 2024 is 4304.13704, the change between 01/01/2024 and 31/01/2024 is -2.42 %.

01 January 20241 KWD = 4216.47 KRW
02 January 20241 KWD = 4216.51 KRW
03 January 20241 KWD = 4259.63 KRW
04 January 20241 KWD = 4265.29 KRW
05 January 20241 KWD = 4270.20 KRW
06 January 20241 KWD = 4276.33 KRW
07 January 20241 KWD = 4272.20 KRW
08 January 20241 KWD = 4276.88 KRW
09 January 20241 KWD = 4274.36 KRW
10 January 20241 KWD = 4299.13 KRW
11 January 20241 KWD = 4291.39 KRW
12 January 20241 KWD = 4276.23 KRW
14 January 20241 KWD = 4274.71 KRW
15 January 20241 KWD = 4278.75 KRW
16 January 20241 KWD = 4300.97 KRW
17 January 20241 KWD = 4354.22 KRW
18 January 20241 KWD = 4372.03 KRW
19 January 20241 KWD = 4352.52 KRW
22 January 20241 KWD = 4338.04 KRW
23 January 20241 KWD = 4357.45 KRW
24 January 20241 KWD = 4351.50 KRW
25 January 20241 KWD = 4329.91 KRW
26 January 20241 KWD = 4349.34 KRW
28 January 20241 KWD = 4345.64 KRW
29 January 20241 KWD = 4352.57 KRW
30 January 20241 KWD = 4340.72 KRW
31 January 20241 KWD = 4318.71 KRW

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.
KWD KRW January 2024
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