Historic South Korean Won Colombian Peso

South Korean Won colombian peso history for January 2024. The highest quote for this month is 3.0062 (06/01/2024) and the lowest 2.9949 (11/01/2024). The difference between high and low is 0.38.

KRW COP average rate for January 2024 is 2.9556, the change between 01/01/2024 and 31/01/2024 is +0.38 %.

01 January 20241 KRW = 2.966 COP
02 January 20241 KRW = 3.002 COP
03 January 20241 KRW = 2.973 COP
04 January 20241 KRW = 2.976 COP
05 January 20241 KRW = 2.995 COP
06 January 20241 KRW = 2.955 COP
07 January 20241 KRW = 2.957 COP
08 January 20241 KRW = 2.950 COP
09 January 20241 KRW = 2.960 COP
10 January 20241 KRW = 2.984 COP
11 January 20241 KRW = 2.987 COP
12 January 20241 KRW = 2.985 COP
14 January 20241 KRW = 2.982 COP
15 January 20241 KRW = 2.946 COP
16 January 20241 KRW = 2.962 COP
17 January 20241 KRW = 2.952 COP
18 January 20241 KRW = 2.944 COP
19 January 20241 KRW = 2.930 COP
22 January 20241 KRW = 2.903 COP
23 January 20241 KRW = 2.914 COP
24 January 20241 KRW = 2.959 COP
25 January 20241 KRW = 2.943 COP
26 January 20241 KRW = 2.947 COP
28 January 20241 KRW = 2.919 COP
29 January 20241 KRW = 2.912 COP
30 January 20241 KRW = 2.945 COP
31 January 20241 KRW = 2.954 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.