Historic South Korean Won Colombian Peso

South Korean Won colombian peso history for February 2024. The highest quote for this month is 2.9809 (24/02/2024) and the lowest 3.0447 (09/02/2024). The difference between high and low is -2.14.

KRW COP average rate for February 2024 is 2.94508, the change between 01/02/2024 and 29/02/2024 is -0.24 %.

01 February 20241 KRW = 2.935 COP
02 February 20241 KRW = 2.923 COP
03 February 20241 KRW = 2.944 COP
04 February 20241 KRW = 2.944 COP
05 February 20241 KRW = 2.898 COP
06 February 20241 KRW = 2.972 COP
07 February 20241 KRW = 2.977 COP
08 February 20241 KRW = 2.978 COP
09 February 20241 KRW = 2.963 COP
12 February 20241 KRW = 2.927 COP
13 February 20241 KRW = 2.945 COP
14 February 20241 KRW = 2.926 COP
15 February 20241 KRW = 2.951 COP
16 February 20241 KRW = 2.943 COP
17 February 20241 KRW = 2.935 COP
18 February 20241 KRW = 2.935 COP
19 February 20241 KRW = 2.901 COP
20 February 20241 KRW = 2.937 COP
21 February 20241 KRW = 2.937 COP
22 February 20241 KRW = 2.944 COP
23 February 20241 KRW = 2.959 COP
24 February 20241 KRW = 2.981 COP
25 February 20241 KRW = 2.981 COP
26 February 20241 KRW = 2.917 COP
27 February 20241 KRW = 2.973 COP
28 February 20241 KRW = 2.951 COP
29 February 20241 KRW = 2.942 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.
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