Historic South Korean Won Colombian Peso

South Korean Won colombian peso history for December 2023. The highest quote for this month is 3.0732 (01/12/2023) and the lowest 3.0853 (08/12/2023). The difference between high and low is -0.39.

KRW COP average rate for December 2023 is 3.03895, the change between 01/12/2023 and 31/12/2023 is +1.93 %.

01 December 20231 KRW = 3.096 COP
02 December 20231 KRW = 3.065 COP
03 December 20231 KRW = 3.063 COP
04 December 20231 KRW = 3.058 COP
05 December 20231 KRW = 3.073 COP
06 December 20231 KRW = 3.054 COP
07 December 20231 KRW = 3.045 COP
08 December 20231 KRW = 3.045 COP
10 December 20231 KRW = 3.025 COP
11 December 20231 KRW = 2.999 COP
12 December 20231 KRW = 3.019 COP
13 December 20231 KRW = 3.043 COP
14 December 20231 KRW = 3.071 COP
15 December 20231 KRW = 3.069 COP
16 December 20231 KRW = 3.032 COP
17 December 20231 KRW = 3.032 COP
18 December 20231 KRW = 3.091 COP
19 December 20231 KRW = 3.018 COP
20 December 20231 KRW = 3.037 COP
21 December 20231 KRW = 3.038 COP
22 December 20231 KRW = 3.054 COP
23 December 20231 KRW = 3.012 COP
24 December 20231 KRW = 3.012 COP
25 December 20231 KRW = 3.010 COP
26 December 20231 KRW = 3.052 COP
27 December 20231 KRW = 2.982 COP
28 December 20231 KRW = 2.960 COP
29 December 20231 KRW = 3.036 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.