Historic North Korean won Hong Kong dollar

North Korean won hong kong dollar history for January 2024. The highest quote for this month is 0.008698 (16/01/2024) and the lowest 0.00869 (13/01/2024). The difference between high and low is 0.09.

KPW HKD average rate for January 2024 is 0.00868, the change between 01/01/2024 and 31/01/2024 is -0.12 %.

01 January 20241 KPW = 0.0087 HKD
02 January 20241 KPW = 0.0087 HKD
03 January 20241 KPW = 0.0087 HKD
04 January 20241 KPW = 0.0087 HKD
05 January 20241 KPW = 0.0087 HKD
06 January 20241 KPW = 0.0087 HKD
07 January 20241 KPW = 0.0087 HKD
08 January 20241 KPW = 0.0087 HKD
09 January 20241 KPW = 0.0087 HKD
10 January 20241 KPW = 0.0087 HKD
11 January 20241 KPW = 0.0087 HKD
12 January 20241 KPW = 0.0087 HKD
13 January 20241 KPW = 0.0087 HKD
14 January 20241 KPW = 0.0087 HKD
15 January 20241 KPW = 0.0087 HKD
16 January 20241 KPW = 0.0087 HKD
17 January 20241 KPW = 0.0087 HKD
18 January 20241 KPW = 0.0087 HKD
19 January 20241 KPW = 0.0087 HKD
20 January 20241 KPW = 0.0087 HKD
21 January 20241 KPW = 0.0087 HKD
22 January 20241 KPW = 0.0087 HKD
23 January 20241 KPW = 0.0087 HKD
24 January 20241 KPW = 0.0087 HKD
25 January 20241 KPW = 0.0087 HKD
26 January 20241 KPW = 0.0087 HKD
27 January 20241 KPW = 0.0087 HKD
28 January 20241 KPW = 0.0087 HKD
29 January 20241 KPW = 0.0087 HKD
30 January 20241 KPW = 0.0087 HKD
31 January 20241 KPW = 0.0087 HKD

01/07/2013: Exchange rate unification

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

30/11/2009: Currency revaluation

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

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

25/02/1992: Introducing foreign exchange certificates

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

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

06/12/1979: Second major revaluation

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

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

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.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.