Historic Georgian Lari Colombian Peso

Georgian Lari colombian peso history for February 2024. The highest quote for this month is 1501.34 (26/02/2024) and the lowest 1499.94 (24/02/2024). The difference between high and low is 0.09.

GEL COP average rate for February 2024 is 1481.51542, the change between 01/02/2024 and 29/02/2024 is -1 %.

01 February 20241 GEL = 1465.41 COP
02 February 20241 GEL = 1456.49 COP
03 February 20241 GEL = 1481.15 COP
05 February 20241 GEL = 1458.18 COP
06 February 20241 GEL = 1492.62 COP
07 February 20241 GEL = 1489.36 COP
08 February 20241 GEL = 1492.32 COP
09 February 20241 GEL = 1490.20 COP
12 February 20241 GEL = 1472.03 COP
13 February 20241 GEL = 1480.44 COP
14 February 20241 GEL = 1485.15 COP
15 February 20241 GEL = 1483.23 COP
16 February 20241 GEL = 1482.71 COP
17 February 20241 GEL = 1483.54 COP
19 February 20241 GEL = 1467.09 COP
20 February 20241 GEL = 1486.34 COP
21 February 20241 GEL = 1485.53 COP
22 February 20241 GEL = 1486.10 COP
23 February 20241 GEL = 1487.17 COP
24 February 20241 GEL = 1499.94 COP
26 February 20241 GEL = 1467.66 COP
27 February 20241 GEL = 1498.47 COP
28 February 20241 GEL = 1485.13 COP
29 February 20241 GEL = 1480.11 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.
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