Historic New Zealand Dollar Colombian Peso

New Zealand Dollar colombian peso history for August 2023. The highest quote for this month is 2520.54 (04/08/2023) and the lowest 2523.78 (04/08/2023). The difference between high and low is -0.13.

NZD COP average rate for August 2023 is 2436.33, the change between 01/08/2023 and 31/08/2023 is -0.63 %.

01 August 20231 NZD = 2423.65 COP
02 August 20231 NZD = 2437.42 COP
03 August 20231 NZD = 2459.80 COP
04 August 20231 NZD = 2503.24 COP
07 August 20231 NZD = 2494.19 COP
08 August 20231 NZD = 2459.18 COP
09 August 20231 NZD = 2452.63 COP
10 August 20231 NZD = 2456.18 COP
11 August 20231 NZD = 2397.53 COP
12 August 20231 NZD = 2377.87 COP
14 August 20231 NZD = 2371.76 COP
15 August 20231 NZD = 2412.77 COP
16 August 20231 NZD = 2439.37 COP
17 August 20231 NZD = 2445.18 COP
18 August 20231 NZD = 2427.24 COP
20 August 20231 NZD = 2438.52 COP
21 August 20231 NZD = 2440.00 COP
22 August 20231 NZD = 2408.23 COP
23 August 20231 NZD = 2442.36 COP
24 August 20231 NZD = 2444.80 COP
25 August 20231 NZD = 2415.34 COP
28 August 20231 NZD = 2435.48 COP
29 August 20231 NZD = 2435.02 COP
30 August 20231 NZD = 2451.68 COP
31 August 20231 NZD = 2438.81 COP

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.