Historic North Korean won Australian dollar

North Korean won australian dollar history for January 2024. The highest quote for this month is 0.001702 (17/01/2024) and the lowest 0.00169 (18/01/2024). The difference between high and low is 0.71.

KPW AUD average rate for January 2024 is 0.00167, the change between 01/01/2024 and 31/01/2024 is -3.44 %.

01 January 20241 KPW = 0.0016 AUD
02 January 20241 KPW = 0.0016 AUD
03 January 20241 KPW = 0.0016 AUD
04 January 20241 KPW = 0.0017 AUD
05 January 20241 KPW = 0.0017 AUD
06 January 20241 KPW = 0.0017 AUD
07 January 20241 KPW = 0.0017 AUD
08 January 20241 KPW = 0.0017 AUD
09 January 20241 KPW = 0.0017 AUD
10 January 20241 KPW = 0.0017 AUD
11 January 20241 KPW = 0.0017 AUD
12 January 20241 KPW = 0.0017 AUD
13 January 20241 KPW = 0.0017 AUD
14 January 20241 KPW = 0.0017 AUD
15 January 20241 KPW = 0.0017 AUD
16 January 20241 KPW = 0.0017 AUD
17 January 20241 KPW = 0.0017 AUD
18 January 20241 KPW = 0.0017 AUD
19 January 20241 KPW = 0.0017 AUD
20 January 20241 KPW = 0.0017 AUD
21 January 20241 KPW = 0.0017 AUD
22 January 20241 KPW = 0.0017 AUD
23 January 20241 KPW = 0.0017 AUD
24 January 20241 KPW = 0.0017 AUD
25 January 20241 KPW = 0.0017 AUD
26 January 20241 KPW = 0.0017 AUD
27 January 20241 KPW = 0.0017 AUD
28 January 20241 KPW = 0.0017 AUD
29 January 20241 KPW = 0.0017 AUD
30 January 20241 KPW = 0.0017 AUD
31 January 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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