Historic Arab Emirates Dirham South Korean Won

Arab Emirates Dirham south korean won history for February 2024. The highest quote for this month is 365.02 (13/02/2024) and the lowest 364.3 (04/02/2024). The difference between high and low is 0.2.

AED KRW average rate for February 2024 is 362.64407, the change between 01/02/2024 and 29/02/2024 is +0.04 %.

01 February 20241 AED = 363.3 KRW
02 February 20241 AED = 361.9 KRW
03 February 20241 AED = 364.3 KRW
04 February 20241 AED = 364.3 KRW
05 February 20241 AED = 364.3 KRW
06 February 20241 AED = 363.1 KRW
07 February 20241 AED = 361.3 KRW
08 February 20241 AED = 361.6 KRW
09 February 20241 AED = 362.6 KRW
12 February 20241 AED = 362.2 KRW
13 February 20241 AED = 361.8 KRW
14 February 20241 AED = 365.2 KRW
15 February 20241 AED = 361.1 KRW
16 February 20241 AED = 361.6 KRW
17 February 20241 AED = 362.4 KRW
18 February 20241 AED = 362.5 KRW
19 February 20241 AED = 362.6 KRW
20 February 20241 AED = 363.1 KRW
21 February 20241 AED = 363.2 KRW
22 February 20241 AED = 363.0 KRW
23 February 20241 AED = 361.3 KRW
24 February 20241 AED = 362.1 KRW
25 February 20241 AED = 362.1 KRW
26 February 20241 AED = 362.2 KRW
27 February 20241 AED = 362.7 KRW
28 February 20241 AED = 362.7 KRW
29 February 20241 AED = 363.1 KRW

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
AED KRW July 2023
AED KRW August 2023
AED KRW September 2023
AED KRW October 2023
AED KRW November 2023
AED KRW December 2023
AED KRW January 2024
AED KRW February 2024
AED KRW March 2024
AED KRW April 2024
AED KRW May 2024
AED KRW June 2024
AED KRW July 2024