Historic Colombian Peso South Korean Won

Colombian Peso south korean won history for December 2023. The highest quote for this month is 0.33763 (28/12/2023) and the lowest 0.33674 (27/12/2023). The difference between high and low is 0.26.

COP KRW average rate for December 2023 is 0.32909, the change between 01/12/2023 and 31/12/2023 is -1.97 %.

01 December 20231 COP = 0.3230 KRW
02 December 20231 COP = 0.3263 KRW
03 December 20231 COP = 0.3265 KRW
04 December 20231 COP = 0.3270 KRW
05 December 20231 COP = 0.3254 KRW
06 December 20231 COP = 0.3275 KRW
07 December 20231 COP = 0.3284 KRW
08 December 20231 COP = 0.3284 KRW
10 December 20231 COP = 0.3306 KRW
11 December 20231 COP = 0.3335 KRW
12 December 20231 COP = 0.3312 KRW
13 December 20231 COP = 0.3286 KRW
14 December 20231 COP = 0.3256 KRW
15 December 20231 COP = 0.3259 KRW
16 December 20231 COP = 0.3298 KRW
17 December 20231 COP = 0.3298 KRW
18 December 20231 COP = 0.3235 KRW
19 December 20231 COP = 0.3313 KRW
20 December 20231 COP = 0.3293 KRW
21 December 20231 COP = 0.3292 KRW
22 December 20231 COP = 0.3275 KRW
23 December 20231 COP = 0.3320 KRW
24 December 20231 COP = 0.3320 KRW
25 December 20231 COP = 0.3323 KRW
26 December 20231 COP = 0.3277 KRW
27 December 20231 COP = 0.3354 KRW
28 December 20231 COP = 0.3378 KRW
29 December 20231 COP = 0.3294 KRW

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.

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.

24/07/2001: Exchange rate flexibility

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

21/10/1999: Colombia's Financial Crisis

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

01/01/1998: 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.

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.

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.

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.

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.

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.