Historic Singapore dollar South Korean Won

Singapore dollar south korean won history for January 2024. The highest quote for this month is 1002.38 (17/01/2024) and the lowest 997.5 (28/01/2024). The difference between high and low is 0.49.

SGD KRW average rate for January 2024 is 990.64571, the change between 01/01/2024 and 31/01/2024 is -1.01 %.

01 January 20241 SGD = 980.7 KRW
02 January 20241 SGD = 980.5 KRW
03 January 20241 SGD = 985.9 KRW
04 January 20241 SGD = 985.8 KRW
05 January 20241 SGD = 986.4 KRW
06 January 20241 SGD = 989.6 KRW
07 January 20241 SGD = 988.7 KRW
08 January 20241 SGD = 987.6 KRW
09 January 20241 SGD = 987.3 KRW
10 January 20241 SGD = 991.6 KRW
11 January 20241 SGD = 990.0 KRW
12 January 20241 SGD = 986.8 KRW
13 January 20241 SGD = 986.9 KRW
14 January 20241 SGD = 986.2 KRW
15 January 20241 SGD = 985.7 KRW
16 January 20241 SGD = 989.3 KRW
17 January 20241 SGD = 996.5 KRW
18 January 20241 SGD = 999.8 KRW
19 January 20241 SGD = 995.5 KRW
22 January 20241 SGD = 994.6 KRW
23 January 20241 SGD = 997.4 KRW
24 January 20241 SGD = 997.0 KRW
25 January 20241 SGD = 992.7 KRW
26 January 20241 SGD = 996.8 KRW
28 January 20241 SGD = 997.0 KRW
29 January 20241 SGD = 996.1 KRW
30 January 20241 SGD = 995.2 KRW
31 January 20241 SGD = 990.5 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.
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