Historic Philippine peso South Korean Won

Philippine peso south korean won history for February 2024. The highest quote for this month is 23.944 (03/02/2024) and the lowest 24.474 (27/02/2024). The difference between high and low is -2.21.

PHP KRW average rate for February 2024 is 23.79246, the change between 01/02/2024 and 29/02/2024 is +0.24 %.

01 February 20241 PHP = 23.78 KRW
02 February 20241 PHP = 23.76 KRW
03 February 20241 PHP = 23.93 KRW
04 February 20241 PHP = 23.93 KRW
05 February 20241 PHP = 23.82 KRW
06 February 20241 PHP = 23.69 KRW
07 February 20241 PHP = 23.64 KRW
08 February 20241 PHP = 23.73 KRW
09 February 20241 PHP = 23.79 KRW
10 February 20241 PHP = 23.79 KRW
12 February 20241 PHP = 23.81 KRW
13 February 20241 PHP = 23.77 KRW
14 February 20241 PHP = 23.93 KRW
15 February 20241 PHP = 23.66 KRW
16 February 20241 PHP = 23.79 KRW
17 February 20241 PHP = 23.79 KRW
18 February 20241 PHP = 23.79 KRW
19 February 20241 PHP = 23.80 KRW
20 February 20241 PHP = 23.81 KRW
21 February 20241 PHP = 23.88 KRW
22 February 20241 PHP = 23.88 KRW
23 February 20241 PHP = 23.80 KRW
24 February 20241 PHP = 23.80 KRW
25 February 20241 PHP = 23.80 KRW
26 February 20241 PHP = 23.81 KRW
27 February 20241 PHP = 23.77 KRW
28 February 20241 PHP = 23.75 KRW
29 February 20241 PHP = 23.72 KRW

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.

01/01/1998: 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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

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.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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