[KS] currency exchange rate in the early 1980s

Kap Su Seol kapseol at yahoo.com
Tue Aug 16 01:13:14 EDT 2005

Greetings, Namhee.  The won's exchange rate against the dollar was  about Won700 against the dollar.  If I remember correctly South Korea introduced a new "quasi-flexible" exchange regime in the fall of 1980 by scrapping the old fixed rate of W500:$1.00 in a move to address balance-of-payment woes.   

Namhee Lee <namhee at chwe.net> wrote:Dear List:

Would anyone know the exchange rate of dollar to won in the early 
1980s, around 1983, 1984?

Many thanks in advance for your help ,

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