Historic North Korean won Australian dollar

North Korean won australian dollar history for February 2024. The highest quote for this month is 0.001723 (14/02/2024) and the lowest 0.001712 (14/02/2024). The difference between high and low is 0.64.

KPW AUD average rate for February 2024 is 0.0017, the change between 01/02/2024 and 29/02/2024 is -1.06 %.

01 February 20241 KPW = 0.0017 AUD
02 February 20241 KPW = 0.0017 AUD
03 February 20241 KPW = 0.0017 AUD
04 February 20241 KPW = 0.0017 AUD
05 February 20241 KPW = 0.0017 AUD
06 February 20241 KPW = 0.0017 AUD
07 February 20241 KPW = 0.0017 AUD
08 February 20241 KPW = 0.0017 AUD
09 February 20241 KPW = 0.0017 AUD
10 February 20241 KPW = 0.0017 AUD
11 February 20241 KPW = 0.0017 AUD
12 February 20241 KPW = 0.0017 AUD
13 February 20241 KPW = 0.0017 AUD
14 February 20241 KPW = 0.0017 AUD
15 February 20241 KPW = 0.0017 AUD
16 February 20241 KPW = 0.0017 AUD
17 February 20241 KPW = 0.0017 AUD
18 February 20241 KPW = 0.0017 AUD
19 February 20241 KPW = 0.0017 AUD
20 February 20241 KPW = 0.0017 AUD
21 February 20241 KPW = 0.0017 AUD
22 February 20241 KPW = 0.0017 AUD
23 February 20241 KPW = 0.0017 AUD
24 February 20241 KPW = 0.0017 AUD
25 February 20241 KPW = 0.0017 AUD
26 February 20241 KPW = 0.0017 AUD
27 February 20241 KPW = 0.0017 AUD
28 February 20241 KPW = 0.0017 AUD
29 February 20241 KPW = 0.0017 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.
KPW AUD January 2024
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