Colombian Peso yemeni rial exchange rate history (COP YER) December 2023

Colombian Peso yemeni rial history for December 2023. The highest quote for this month is 0.065149 (28/12/2023) and the lowest 0.065398 (28/12/2023). The difference between high and low is -0.38.

COP YER average rate for December 2023 is 0.06325, the change between 01/12/2023 and 31/12/2023 is -3.45 %.

01 December 2023	1 COP = 0.0622 YER
02 December 2023	1 COP = 0.0631 YER
03 December 2023	1 COP = 0.0631 YER
04 December 2023	1 COP = 0.0629 YER
05 December 2023	1 COP = 0.0621 YER
06 December 2023	1 COP = 0.0623 YER
07 December 2023	1 COP = 0.0624 YER
08 December 2023	1 COP = 0.0625 YER
10 December 2023	1 COP = 0.0628 YER
11 December 2023	1 COP = 0.0633 YER
12 December 2023	1 COP = 0.0630 YER
13 December 2023	1 COP = 0.0627 YER
14 December 2023	1 COP = 0.0630 YER
15 December 2023	1 COP = 0.0630 YER
16 December 2023	1 COP = 0.0634 YER
17 December 2023	1 COP = 0.0634 YER
18 December 2023	1 COP = 0.0633 YER
19 December 2023	1 COP = 0.0635 YER
20 December 2023	1 COP = 0.0634 YER
21 December 2023	1 COP = 0.0634 YER
22 December 2023	1 COP = 0.0633 YER
23 December 2023	1 COP = 0.0640 YER
24 December 2023	1 COP = 0.0640 YER
25 December 2023	1 COP = 0.0637 YER
26 December 2023	1 COP = 0.0629 YER
27 December 2023	1 COP = 0.0647 YER
28 December 2023	1 COP = 0.0651 YER
29 December 2023	1 COP = 0.0644 YER

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

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.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

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.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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.

Historic Colombian Peso Yemeni Rial