Historic New Zealand Dollar South Korean Won

New Zealand Dollar south korean won history for February 2024. The highest quote for this month is 824.57 (21/02/2024) and the lowest 825.56 (21/02/2024). The difference between high and low is -0.12.

NZD KRW average rate for February 2024 is 816.12536, the change between 01/02/2024 and 29/02/2024 is +0.28 %.

01 February 20241 NZD = 815.3 KRW
02 February 20241 NZD = 816.7 KRW
03 February 20241 NZD = 811.7 KRW
04 February 20241 NZD = 812.1 KRW
05 February 20241 NZD = 811.3 KRW
06 February 20241 NZD = 807.1 KRW
07 February 20241 NZD = 809.3 KRW
08 February 20241 NZD = 811.1 KRW
09 February 20241 NZD = 813.3 KRW
10 February 20241 NZD = 816.8 KRW
12 February 20241 NZD = 817.7 KRW
13 February 20241 NZD = 814.1 KRW
14 February 20241 NZD = 812.2 KRW
15 February 20241 NZD = 807.6 KRW
16 February 20241 NZD = 811.4 KRW
17 February 20241 NZD = 815.5 KRW
18 February 20241 NZD = 815.8 KRW
19 February 20241 NZD = 817.1 KRW
20 February 20241 NZD = 819.0 KRW
21 February 20241 NZD = 822.7 KRW
22 February 20241 NZD = 823.8 KRW
23 February 20241 NZD = 822.2 KRW
24 February 20241 NZD = 824.2 KRW
25 February 20241 NZD = 824.8 KRW
26 February 20241 NZD = 822.9 KRW
27 February 20241 NZD = 821.3 KRW
28 February 20241 NZD = 821.8 KRW
29 February 20241 NZD = 813.0 KRW

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
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