Historic Colombian Peso South African rand

Colombian Peso south african rand history for January 2024. The highest quote for this month is 0.004906 (22/01/2024) and the lowest 0.004869 (22/01/2024). The difference between high and low is 0.75.

COP ZAR average rate for January 2024 is 0.00479, the change between 01/01/2024 and 31/01/2024 is -0.61 %.

01 January 20241 COP = 0.0048 ZAR
02 January 20241 COP = 0.0047 ZAR
03 January 20241 COP = 0.0048 ZAR
04 January 20241 COP = 0.0048 ZAR
05 January 20241 COP = 0.0048 ZAR
06 January 20241 COP = 0.0048 ZAR
07 January 20241 COP = 0.0048 ZAR
08 January 20241 COP = 0.0048 ZAR
09 January 20241 COP = 0.0048 ZAR
10 January 20241 COP = 0.0047 ZAR
11 January 20241 COP = 0.0047 ZAR
12 January 20241 COP = 0.0048 ZAR
14 January 20241 COP = 0.0048 ZAR
15 January 20241 COP = 0.0048 ZAR
16 January 20241 COP = 0.0048 ZAR
17 January 20241 COP = 0.0048 ZAR
18 January 20241 COP = 0.0048 ZAR
19 January 20241 COP = 0.0048 ZAR
22 January 20241 COP = 0.0049 ZAR
23 January 20241 COP = 0.0049 ZAR
24 January 20241 COP = 0.0048 ZAR
25 January 20241 COP = 0.0048 ZAR
26 January 20241 COP = 0.0048 ZAR
28 January 20241 COP = 0.0048 ZAR
29 January 20241 COP = 0.0048 ZAR
30 January 20241 COP = 0.0048 ZAR
31 January 20241 COP = 0.0048 ZAR

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.
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