South Korean Won colombian peso exchange rate history (KRW COP) August 2023

South Korean Won colombian peso history for August 2023. The highest quote for this month is 3.166 (04/08/2023) and the lowest 3.1747 (04/08/2023). The difference between high and low is -0.27.

KRW COP average rate for August 2023 is 3.07455, the change between 01/08/2023 and 31/08/2023 is -1.31 %.

01 August 2023	1 KRW = 3.057 COP
02 August 2023	1 KRW = 3.079 COP
03 August 2023	1 KRW = 3.120 COP
04 August 2023	1 KRW = 3.175 COP
07 August 2023	1 KRW = 3.138 COP
08 August 2023	1 KRW = 3.079 COP
09 August 2023	1 KRW = 3.076 COP
10 August 2023	1 KRW = 3.084 COP
11 August 2023	1 KRW = 3.024 COP
12 August 2023	1 KRW = 2.999 COP
14 August 2023	1 KRW = 2.981 COP
15 August 2023	1 KRW = 3.026 COP
16 August 2023	1 KRW = 3.059 COP
17 August 2023	1 KRW = 3.069 COP
18 August 2023	1 KRW = 3.059 COP
19 August 2023	1 KRW = 3.074 COP
20 August 2023	1 KRW = 3.074 COP
21 August 2023	1 KRW = 3.074 COP
22 August 2023	1 KRW = 3.031 COP
23 August 2023	1 KRW = 3.069 COP
24 August 2023	1 KRW = 3.082 COP
25 August 2023	1 KRW = 3.076 COP
28 August 2023	1 KRW = 3.113 COP
29 August 2023	1 KRW = 3.116 COP
30 August 2023	1 KRW = 3.110 COP
31 August 2023	1 KRW = 3.097 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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

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.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

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 South Korean Won Colombian Peso