Historic Cayman Islands dollar Colombian Peso

Cayman Islands dollar colombian peso history for August 2023. The highest quote for this month is 5092.03 (04/08/2023) and the lowest 5059.3 (04/08/2023). The difference between high and low is 0.64.

KYD COP average rate for August 2023 is 4982.0312, the change between 01/08/2023 and 31/08/2023 is -4.9 %.

01 August 20231 KYD = 4788.66 COP
02 August 20231 KYD = 4866.94 COP
03 August 20231 KYD = 4951.38 COP
04 August 20231 KYD = 5052.09 COP
07 August 20231 KYD = 5048.51 COP
08 August 20231 KYD = 4943.56 COP
09 August 20231 KYD = 4969.58 COP
10 August 20231 KYD = 4970.25 COP
11 August 20231 KYD = 4890.73 COP
12 August 20231 KYD = 4844.48 COP
14 August 20231 KYD = 4843.74 COP
15 August 20231 KYD = 4951.60 COP
16 August 20231 KYD = 5023.49 COP
17 August 20231 KYD = 5056.86 COP
18 August 20231 KYD = 5024.36 COP
20 August 20231 KYD = 5020.09 COP
21 August 20231 KYD = 5064.85 COP
22 August 20231 KYD = 4986.81 COP
23 August 20231 KYD = 5044.76 COP
24 August 20231 KYD = 5022.82 COP
25 August 20231 KYD = 5007.00 COP
28 August 20231 KYD = 5054.01 COP
29 August 20231 KYD = 5057.97 COP
30 August 20231 KYD = 5042.96 COP
31 August 20231 KYD = 5023.28 COP

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

24/07/2001: Exchange rate flexibility

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

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

21/10/1999: Colombia's Financial Crisis

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

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

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.