Historic Nicaraguan córdoba South Korean Won

Nicaraguan córdoba south korean won history for February 2024. The highest quote for this month is 36.878 (13/02/2024) and the lowest 36.745 (05/02/2024). The difference between high and low is 0.36.

NIO KRW average rate for February 2024 is 36.47307, the change between 01/02/2024 and 29/02/2024 is -0.68 %.

01 February 20241 NIO = 36.52 KRW
02 February 20241 NIO = 36.40 KRW
03 February 20241 NIO = 36.53 KRW
04 February 20241 NIO = 36.53 KRW
05 February 20241 NIO = 36.63 KRW
06 February 20241 NIO = 36.80 KRW
07 February 20241 NIO = 36.35 KRW
08 February 20241 NIO = 36.32 KRW
09 February 20241 NIO = 36.45 KRW
10 February 20241 NIO = 36.26 KRW
12 February 20241 NIO = 36.64 KRW
13 February 20241 NIO = 36.40 KRW
14 February 20241 NIO = 36.70 KRW
15 February 20241 NIO = 36.28 KRW
16 February 20241 NIO = 36.34 KRW
17 February 20241 NIO = 36.34 KRW
18 February 20241 NIO = 36.34 KRW
19 February 20241 NIO = 36.64 KRW
20 February 20241 NIO = 36.69 KRW
21 February 20241 NIO = 36.49 KRW
22 February 20241 NIO = 36.42 KRW
23 February 20241 NIO = 36.21 KRW
24 February 20241 NIO = 36.31 KRW
25 February 20241 NIO = 36.31 KRW
26 February 20241 NIO = 36.63 KRW
27 February 20241 NIO = 36.49 KRW
28 February 20241 NIO = 36.46 KRW
29 February 20241 NIO = 36.76 KRW

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

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.

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
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