Azerbaijani manat colombian peso exchange rate history (AZN COP) October 2023

Azerbaijani manat colombian peso history for October 2023. The highest quote for this month is 2607.04 (06/10/2023) and the lowest 2535.89 (09/10/2023). The difference between high and low is 2.73.

AZN COP average rate for October 2023 is 2481.44842, the change between 01/10/2023 and 31/10/2023 is +2.41 %.

03 October 2023	1 AZN = 2447.93 COP
04 October 2023	1 AZN = 2480.58 COP
06 October 2023	1 AZN = 2557.96 COP
09 October 2023	1 AZN = 2544.72 COP
10 October 2023	1 AZN = 2539.13 COP
11 October 2023	1 AZN = 2488.40 COP
12 October 2023	1 AZN = 2480.29 COP
13 October 2023	1 AZN = 2510.30 COP
16 October 2023	1 AZN = 2492.06 COP
17 October 2023	1 AZN = 2494.41 COP
18 October 2023	1 AZN = 2469.39 COP
20 October 2023	1 AZN = 2505.30 COP
23 October 2023	1 AZN = 2491.47 COP
24 October 2023	1 AZN = 2478.26 COP
25 October 2023	1 AZN = 2479.41 COP
26 October 2023	1 AZN = 2462.64 COP
27 October 2023	1 AZN = 2434.25 COP
30 October 2023	1 AZN = 2402.08 COP
31 October 2023	1 AZN = 2388.94 COP

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Azerbaijani manat Colombian Peso