Historic Swiss franc South Korean Won

Swiss franc south korean won history for December 2023. The highest quote for this month is 1543.42 (29/12/2023) and the lowest 1538.24 (28/12/2023). The difference between high and low is 0.34.

CHF KRW average rate for December 2023 is 1501.52269, the change between 01/12/2023 and 31/12/2023 is -2.21 %.

01 December 20231 CHF = 1482.47 KRW
02 December 20231 CHF = 1488.43 KRW
03 December 20231 CHF = 1489.42 KRW
04 December 20231 CHF = 1497.02 KRW
05 December 20231 CHF = 1498.89 KRW
06 December 20231 CHF = 1501.10 KRW
07 December 20231 CHF = 1502.01 KRW
08 December 20231 CHF = 1499.54 KRW
10 December 20231 CHF = 1495.90 KRW
11 December 20231 CHF = 1496.68 KRW
12 December 20231 CHF = 1495.98 KRW
13 December 20231 CHF = 1497.08 KRW
14 December 20231 CHF = 1483.42 KRW
15 December 20231 CHF = 1489.88 KRW
18 December 20231 CHF = 1466.18 KRW
19 December 20231 CHF = 1502.61 KRW
20 December 20231 CHF = 1508.50 KRW
21 December 20231 CHF = 1503.81 KRW
22 December 20231 CHF = 1508.53 KRW
23 December 20231 CHF = 1517.67 KRW
24 December 20231 CHF = 1516.22 KRW
25 December 20231 CHF = 1517.26 KRW
26 December 20231 CHF = 1512.82 KRW
27 December 20231 CHF = 1515.87 KRW
28 December 20231 CHF = 1537.12 KRW
29 December 20231 CHF = 1515.18 KRW

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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