Swiss franc south korean won exchange rate history (CHF KRW) October 2023

Swiss franc south korean won history for October 2023. The highest quote for this month is 1521.31 (20/10/2023) and the lowest 1515.35 (22/10/2023). The difference between high and low is 0.39.

CHF KRW average rate for October 2023 is 1493.522, the change between 01/10/2023 and 31/10/2023 is -1.08 %.

01 October 2023	1 CHF = 1478.41 KRW
02 October 2023	1 CHF = 1476.76 KRW
03 October 2023	1 CHF = 1475.31 KRW
04 October 2023	1 CHF = 1475.86 KRW
05 October 2023	1 CHF = 1474.08 KRW
06 October 2023	1 CHF = 1474.99 KRW
09 October 2023	1 CHF = 1478.33 KRW
10 October 2023	1 CHF = 1488.54 KRW
11 October 2023	1 CHF = 1483.49 KRW
12 October 2023	1 CHF = 1485.32 KRW
13 October 2023	1 CHF = 1485.25 KRW
16 October 2023	1 CHF = 1498.16 KRW
17 October 2023	1 CHF = 1496.73 KRW
18 October 2023	1 CHF = 1503.14 KRW
19 October 2023	1 CHF = 1507.46 KRW
20 October 2023	1 CHF = 1520.80 KRW
22 October 2023	1 CHF = 1511.31 KRW
23 October 2023	1 CHF = 1510.68 KRW
24 October 2023	1 CHF = 1498.36 KRW
25 October 2023	1 CHF = 1504.53 KRW
26 October 2023	1 CHF = 1508.51 KRW
27 October 2023	1 CHF = 1502.33 KRW
29 October 2023	1 CHF = 1503.47 KRW
30 October 2023	1 CHF = 1501.80 KRW
31 October 2023	1 CHF = 1494.43 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.

Historic Swiss franc South Korean Won