United States dollar south korean won exchange rate history (USD KRW) September 2023

United States dollar south korean won history for September 2023. The highest quote for this month is 1357.29 (27/09/2023) and the lowest 1347.25 (27/09/2023). The difference between high and low is 0.74.

USD KRW average rate for September 2023 is 1336.15917, the change between 01/09/2023 and 30/09/2023 is -2.09 %.

01 September 2023	1 USD = 1324.64 KRW
05 September 2023	1 USD = 1317.95 KRW
06 September 2023	1 USD = 1331.73 KRW
11 September 2023	1 USD = 1335.32 KRW
18 September 2023	1 USD = 1328.42 KRW
23 September 2023	1 USD = 1334.01 KRW
24 September 2023	1 USD = 1334.84 KRW
25 September 2023	1 USD = 1334.66 KRW
26 September 2023	1 USD = 1338.45 KRW
27 September 2023	1 USD = 1353.75 KRW
29 September 2023	1 USD = 1347.85 KRW
30 September 2023	1 USD = 1352.29 KRW

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.

01/01/1998: 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.

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.