Georgian Lari colombian peso exchange rate history (GEL COP) December 2023

Georgian Lari colombian peso history for December 2023. The highest quote for this month is 1503.58 (12/12/2023) and the lowest 1496.13 (13/12/2023). The difference between high and low is 0.5.

GEL COP average rate for December 2023 is 1475.62125, the change between 01/12/2023 and 31/12/2023 is +2.8 %.

01 December 2023	1 GEL = 1487.65 COP
02 December 2023	1 GEL = 1471.61 COP
04 December 2023	1 GEL = 1475.57 COP
05 December 2023	1 GEL = 1497.13 COP
06 December 2023	1 GEL = 1494.39 COP
07 December 2023	1 GEL = 1494.81 COP
08 December 2023	1 GEL = 1497.84 COP
11 December 2023	1 GEL = 1484.55 COP
12 December 2023	1 GEL = 1491.97 COP
13 December 2023	1 GEL = 1497.01 COP
14 December 2023	1 GEL = 1489.30 COP
15 December 2023	1 GEL = 1481.56 COP
16 December 2023	1 GEL = 1475.69 COP
18 December 2023	1 GEL = 1477.06 COP
19 December 2023	1 GEL = 1472.83 COP
20 December 2023	1 GEL = 1474.91 COP
21 December 2023	1 GEL = 1472.63 COP
22 December 2023	1 GEL = 1472.91 COP
23 December 2023	1 GEL = 1459.05 COP
25 December 2023	1 GEL = 1458.20 COP
26 December 2023	1 GEL = 1474.01 COP
27 December 2023	1 GEL = 1439.12 COP
28 December 2023	1 GEL = 1429.06 COP
29 December 2023	1 GEL = 1446.05 COP

13/03/2020: COVID-19 Impact

The outbreak of the COVID-19 pandemic caused global economic uncertainty, leading to a decline in the value of the Georgian Lari and affecting the country's financial stability.

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.

25/01/2016: Currency Restructuring

The National Bank of Georgia implemented currency restructuring measures to stabilize the value of the Lari and restore confidence in the national currency.

10/03/2011: Lari Depreciation

The Georgian Lari experienced a sharp depreciation, reaching a record low against the U.S. dollar, due to various economic factors and a global financial crisis.

13/08/2008: Russian Invasion

During the Russo-Georgian War, the Georgian Lari faced significant devaluation due to the economic and political instability caused by the invasion.

01/01/2002: Euro Conversion Rate

The conversion rate of 1 Euro = 1936.27 GEL was fixed, as Georgia adopted the Euro as its main reference currency.

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.

27/04/1999: Introduction of New Lari

The New Lari was introduced as the second and current official currency of Georgia, replacing the old Lari at a rate of 1 New Lari = 1,000 old Lari.

25/07/1995: Introduction of the Lari

The Georgian Lari was introduced as the official currency of Georgia, replacing the Russian ruble at a rate of 1 Lari = 1 million rubles.

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.

Historic Georgian Lari Colombian Peso