Singapore dollar south korean won exchange rate history (SGD KRW) October 2023

Singapore dollar south korean won history for October 2023. The highest quote for this month is 991.61 (03/10/2023) and the lowest 990.23 (01/10/2023). The difference between high and low is 0.14.

SGD KRW average rate for October 2023 is 985.80643, the change between 01/10/2023 and 31/10/2023 is +0.18 %.

01 October 2023	1 SGD = 989.6 KRW
02 October 2023	1 SGD = 989.0 KRW
03 October 2023	1 SGD = 986.1 KRW
04 October 2023	1 SGD = 989.7 KRW
05 October 2023	1 SGD = 985.0 KRW
06 October 2023	1 SGD = 984.4 KRW
07 October 2023	1 SGD = 985.1 KRW
09 October 2023	1 SGD = 983.4 KRW
10 October 2023	1 SGD = 987.4 KRW
11 October 2023	1 SGD = 984.7 KRW
12 October 2023	1 SGD = 982.2 KRW
13 October 2023	1 SGD = 984.6 KRW
16 October 2023	1 SGD = 987.6 KRW
17 October 2023	1 SGD = 984.9 KRW
18 October 2023	1 SGD = 989.0 KRW
19 October 2023	1 SGD = 986.6 KRW
20 October 2023	1 SGD = 988.1 KRW
21 October 2023	1 SGD = 983.4 KRW
22 October 2023	1 SGD = 983.4 KRW
23 October 2023	1 SGD = 983.1 KRW
24 October 2023	1 SGD = 976.4 KRW
25 October 2023	1 SGD = 982.2 KRW
26 October 2023	1 SGD = 985.7 KRW
27 October 2023	1 SGD = 986.6 KRW
28 October 2023	1 SGD = 988.9 KRW
29 October 2023	1 SGD = 988.9 KRW
30 October 2023	1 SGD = 989.2 KRW
31 October 2023	1 SGD = 987.8 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.

Historic Singapore dollar South Korean Won