Indian Rupee colombian peso exchange rate history (INR COP) December 2023

Indian Rupee colombian peso history for December 2023. The highest quote for this month is 48.303 (05/12/2023) and the lowest 49.139 (08/12/2023). The difference between high and low is -1.73.

INR COP average rate for December 2023 is 47.47243, the change between 01/12/2023 and 31/12/2023 is +2.13 %.

01 December 2023	1 INR = 48.16 COP
02 December 2023	1 INR = 47.60 COP
03 December 2023	1 INR = 47.60 COP
04 December 2023	1 INR = 47.74 COP
05 December 2023	1 INR = 48.18 COP
06 December 2023	1 INR = 48.14 COP
07 December 2023	1 INR = 48.03 COP
08 December 2023	1 INR = 47.96 COP
10 December 2023	1 INR = 47.74 COP
11 December 2023	1 INR = 47.32 COP
12 December 2023	1 INR = 47.59 COP
13 December 2023	1 INR = 47.81 COP
14 December 2023	1 INR = 47.65 COP
15 December 2023	1 INR = 47.60 COP
16 December 2023	1 INR = 47.51 COP
17 December 2023	1 INR = 47.51 COP
18 December 2023	1 INR = 47.52 COP
19 December 2023	1 INR = 47.32 COP
20 December 2023	1 INR = 47.43 COP
21 December 2023	1 INR = 47.32 COP
22 December 2023	1 INR = 47.45 COP
23 December 2023	1 INR = 47.02 COP
24 December 2023	1 INR = 47.02 COP
25 December 2023	1 INR = 46.95 COP
26 December 2023	1 INR = 47.51 COP
27 December 2023	1 INR = 46.38 COP
28 December 2023	1 INR = 46.03 COP
29 December 2023	1 INR = 47.14 COP

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

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.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

31/07/1886: Adoption of the Gold Standard

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

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.

27/05/1837: Introduction of the Peso

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

Historic Indian Rupee Colombian Peso