Japanese Yen colombian peso exchange rate history (JPY COP) August 2023

Japanese Yen colombian peso history for August 2023. The highest quote for this month is 29.061 (04/08/2023) and the lowest 29.074 (04/08/2023). The difference between high and low is -0.04.

JPY COP average rate for August 2023 is 28.06192, the change between 01/08/2023 and 31/08/2023 is -2.17 %.

01 August 2023	1 JPY = 27.45 COP
02 August 2023	1 JPY = 27.76 COP
03 August 2023	1 JPY = 28.20 COP
04 August 2023	1 JPY = 28.86 COP
07 August 2023	1 JPY = 28.82 COP
08 August 2023	1 JPY = 28.26 COP
09 August 2023	1 JPY = 28.26 COP
10 August 2023	1 JPY = 28.19 COP
11 August 2023	1 JPY = 27.52 COP
12 August 2023	1 JPY = 27.41 COP
14 August 2023	1 JPY = 27.37 COP
15 August 2023	1 JPY = 27.77 COP
16 August 2023	1 JPY = 28.12 COP
17 August 2023	1 JPY = 28.17 COP
18 August 2023	1 JPY = 28.11 COP
20 August 2023	1 JPY = 28.32 COP
21 August 2023	1 JPY = 28.33 COP
22 August 2023	1 JPY = 27.77 COP
23 August 2023	1 JPY = 28.21 COP
24 August 2023	1 JPY = 28.29 COP
25 August 2023	1 JPY = 27.93 COP
28 August 2023	1 JPY = 28.12 COP
29 August 2023	1 JPY = 28.14 COP
30 August 2023	1 JPY = 28.14 COP
31 August 2023	1 JPY = 28.04 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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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 Japanese Yen Colombian Peso