Historic Guinean franc Colombian Peso

Guinean franc colombian peso history for August 2023. The highest quote for this month is 0.48725 (04/08/2023) and the lowest 0.48492 (19/08/2023). The difference between high and low is 0.48.

GNF COP average rate for August 2023 is 0.47682, the change between 01/08/2023 and 31/08/2023 is -5.43 %.

01 August 20231 GNF = 0.4566 COP
02 August 20231 GNF = 0.4639 COP
03 August 20231 GNF = 0.4737 COP
04 August 20231 GNF = 0.4811 COP
07 August 20231 GNF = 0.4831 COP
08 August 20231 GNF = 0.4730 COP
09 August 20231 GNF = 0.4756 COP
10 August 20231 GNF = 0.4756 COP
11 August 20231 GNF = 0.4682 COP
12 August 20231 GNF = 0.4676 COP
14 August 20231 GNF = 0.4637 COP
15 August 20231 GNF = 0.4723 COP
16 August 20231 GNF = 0.4786 COP
17 August 20231 GNF = 0.4822 COP
18 August 20231 GNF = 0.4788 COP
19 August 20231 GNF = 0.4849 COP
20 August 20231 GNF = 0.4849 COP
21 August 20231 GNF = 0.4851 COP
22 August 20231 GNF = 0.4750 COP
23 August 20231 GNF = 0.4806 COP
24 August 20231 GNF = 0.4783 COP
25 August 20231 GNF = 0.4815 COP
28 August 20231 GNF = 0.4841 COP
29 August 20231 GNF = 0.4846 COP
30 August 20231 GNF = 0.4832 COP
31 August 20231 GNF = 0.4814 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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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