Historic Singapore dollar South Korean Won

Singapore dollar south korean won history for December 2023. The highest quote for this month is 987.89 (07/12/2023) and the lowest 985.29 (25/12/2023). The difference between high and low is 0.26.

SGD KRW average rate for December 2023 is 975.68069, the change between 01/12/2023 and 31/12/2023 is +0.17 %.

01 December 20231 SGD = 969.9 KRW
02 December 20231 SGD = 969.8 KRW
03 December 20231 SGD = 970.2 KRW
04 December 20231 SGD = 975.0 KRW
05 December 20231 SGD = 977.7 KRW
06 December 20231 SGD = 979.8 KRW
07 December 20231 SGD = 979.2 KRW
08 December 20231 SGD = 980.0 KRW
09 December 20231 SGD = 973.9 KRW
10 December 20231 SGD = 982.2 KRW
11 December 20231 SGD = 981.5 KRW
12 December 20231 SGD = 977.5 KRW
13 December 20231 SGD = 976.9 KRW
14 December 20231 SGD = 969.4 KRW
15 December 20231 SGD = 972.6 KRW
16 December 20231 SGD = 976.4 KRW
17 December 20231 SGD = 976.4 KRW
18 December 20231 SGD = 957.4 KRW
19 December 20231 SGD = 978.1 KRW
20 December 20231 SGD = 977.0 KRW
21 December 20231 SGD = 973.9 KRW
22 December 20231 SGD = 973.8 KRW
23 December 20231 SGD = 979.9 KRW
24 December 20231 SGD = 980.1 KRW
25 December 20231 SGD = 981.4 KRW
26 December 20231 SGD = 977.3 KRW
27 December 20231 SGD = 978.1 KRW
28 December 20231 SGD = 981.2 KRW
29 December 20231 SGD = 968.2 KRW

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.