Historic Cayman Islands dollar Colombian Peso

Cayman Islands dollar colombian peso history for December 2023. The highest quote for this month is 4931.41 (05/12/2023) and the lowest 4926.64 (05/12/2023). The difference between high and low is 0.1.

KYD COP average rate for December 2023 is 4835.32357, the change between 01/12/2023 and 31/12/2023 is +3.88 %.

01 December 20231 KYD = 4925.32 COP
02 December 20231 KYD = 4832.27 COP
03 December 20231 KYD = 4832.27 COP
04 December 20231 KYD = 4871.95 COP
05 December 20231 KYD = 4928.55 COP
06 December 20231 KYD = 4921.80 COP
07 December 20231 KYD = 4902.22 COP
08 December 20231 KYD = 4902.96 COP
10 December 20231 KYD = 4856.28 COP
11 December 20231 KYD = 4837.36 COP
12 December 20231 KYD = 4863.38 COP
13 December 20231 KYD = 4893.21 COP
14 December 20231 KYD = 4869.59 COP
15 December 20231 KYD = 4865.90 COP
16 December 20231 KYD = 4807.88 COP
17 December 20231 KYD = 4807.88 COP
18 December 20231 KYD = 4814.90 COP
19 December 20231 KYD = 4825.86 COP
20 December 20231 KYD = 4839.40 COP
21 December 20231 KYD = 4833.72 COP
22 December 20231 KYD = 4840.54 COP
23 December 20231 KYD = 4764.70 COP
24 December 20231 KYD = 4764.70 COP
25 December 20231 KYD = 4784.82 COP
26 December 20231 KYD = 4841.56 COP
27 December 20231 KYD = 4724.33 COP
28 December 20231 KYD = 4701.66 COP
29 December 20231 KYD = 4734.05 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.