Historic Colombian Peso South Korean Won

Colombian Peso south korean won history for October 2023. The highest quote for this month is 0.33175 (01/10/2023) and the lowest 0.33373 (30/10/2023). The difference between high and low is -0.6.

COP KRW average rate for October 2023 is 0.32089, the change between 01/10/2023 and 31/10/2023 is -0.09 %.

01 October 20231 COP = 0.3318 KRW
02 October 20231 COP = 0.3317 KRW
03 October 20231 COP = 0.3255 KRW
04 October 20231 COP = 0.3224 KRW
05 October 20231 COP = 0.3153 KRW
06 October 20231 COP = 0.3096 KRW
07 October 20231 COP = 0.3110 KRW
09 October 20231 COP = 0.3106 KRW
10 October 20231 COP = 0.3121 KRW
11 October 20231 COP = 0.3173 KRW
12 October 20231 COP = 0.3175 KRW
13 October 20231 COP = 0.3161 KRW
16 October 20231 COP = 0.3192 KRW
17 October 20231 COP = 0.3179 KRW
18 October 20231 COP = 0.3224 KRW
19 October 20231 COP = 0.3189 KRW
20 October 20231 COP = 0.3185 KRW
21 October 20231 COP = 0.3191 KRW
22 October 20231 COP = 0.3192 KRW
23 October 20231 COP = 0.3187 KRW
24 October 20231 COP = 0.3168 KRW
25 October 20231 COP = 0.3189 KRW
26 October 20231 COP = 0.3232 KRW
27 October 20231 COP = 0.3264 KRW
28 October 20231 COP = 0.3304 KRW
29 October 20231 COP = 0.3304 KRW
30 October 20231 COP = 0.3320 KRW
31 October 20231 COP = 0.3320 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.