United States dollar colombian peso history for May 2023. The highest quote for this month is 4557.58 (15/05/2023) and the lowest 4495.58 (15/05/2023). The difference between high and low is 1.36.
USD COP average rate for May 2023 is 4490.795, the change between 01/05/2023 and 31/05/2023 is +3.64 %.
| 15 May 2023 | 1 USD = 4557.03 COP |
| 17 May 2023 | 1 USD = 4535.15 COP |
| 24 May 2023 | 1 USD = 4479.75 COP |
| 31 May 2023 | 1 USD = 4391.25 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.
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.
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.