Historic Swiss franc South Korean Won

Swiss franc south korean won history for January 2024. The highest quote for this month is 1555.17 (16/01/2024) and the lowest 1552.87 (17/01/2024). The difference between high and low is 0.15.

CHF KRW average rate for January 2024 is 1543.1088, the change between 01/01/2024 and 31/01/2024 is -0.05 %.

01 January 20241 CHF = 1538.53 KRW
02 January 20241 CHF = 1536.47 KRW
03 January 20241 CHF = 1538.16 KRW
04 January 20241 CHF = 1542.62 KRW
05 January 20241 CHF = 1542.65 KRW
08 January 20241 CHF = 1543.53 KRW
09 January 20241 CHF = 1547.12 KRW
10 January 20241 CHF = 1548.38 KRW
11 January 20241 CHF = 1549.09 KRW
12 January 20241 CHF = 1541.69 KRW
14 January 20241 CHF = 1543.48 KRW
15 January 20241 CHF = 1538.52 KRW
16 January 20241 CHF = 1541.75 KRW
17 January 20241 CHF = 1553.22 KRW
18 January 20241 CHF = 1555.03 KRW
19 January 20241 CHF = 1540.94 KRW
22 January 20241 CHF = 1535.11 KRW
23 January 20241 CHF = 1540.34 KRW
24 January 20241 CHF = 1537.24 KRW
25 January 20241 CHF = 1540.97 KRW
26 January 20241 CHF = 1541.16 KRW
28 January 20241 CHF = 1547.67 KRW
29 January 20241 CHF = 1546.93 KRW
30 January 20241 CHF = 1547.87 KRW
31 January 20241 CHF = 1539.25 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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