Samoan Tala south korean won exchange rate history (WST KRW) August 2023

Samoan Tala south korean won history for August 2023. The highest quote for this month is 499.57 (19/08/2023) and the lowest 499.57 (19/08/2023). The difference between high and low is 0.

WST KRW average rate for August 2023 is 488.56, the change between 01/08/2023 and 31/08/2023 is -3.57 %.

01 August 2023	1 WST = 476.7 KRW
04 August 2023	1 WST = 483.6 KRW
07 August 2023	1 WST = 492.9 KRW
08 August 2023	1 WST = 477.6 KRW
10 August 2023	1 WST = 478.3 KRW
12 August 2023	1 WST = 481.8 KRW
14 August 2023	1 WST = 483.6 KRW
15 August 2023	1 WST = 483.1 KRW
17 August 2023	1 WST = 501.1 KRW
19 August 2023	1 WST = 499.6 KRW
20 August 2023	1 WST = 499.6 KRW
21 August 2023	1 WST = 499.6 KRW
28 August 2023	1 WST = 493.8 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.

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.