Historic South Korean Won Colombian Peso

South Korean Won colombian peso history for October 2023. The highest quote for this month is 3.282 (07/10/2023) and the lowest 3.2082 (09/10/2023). The difference between high and low is 2.25.

KRW COP average rate for October 2023 is 3.11768, the change between 01/10/2023 and 31/10/2023 is +0.09 %.

01 October 20231 KRW = 3.014 COP
02 October 20231 KRW = 3.015 COP
03 October 20231 KRW = 3.072 COP
04 October 20231 KRW = 3.102 COP
05 October 20231 KRW = 3.172 COP
06 October 20231 KRW = 3.230 COP
07 October 20231 KRW = 3.216 COP
09 October 20231 KRW = 3.219 COP
10 October 20231 KRW = 3.204 COP
11 October 20231 KRW = 3.152 COP
12 October 20231 KRW = 3.150 COP
13 October 20231 KRW = 3.164 COP
16 October 20231 KRW = 3.132 COP
17 October 20231 KRW = 3.145 COP
18 October 20231 KRW = 3.102 COP
19 October 20231 KRW = 3.136 COP
20 October 20231 KRW = 3.139 COP
21 October 20231 KRW = 3.133 COP
22 October 20231 KRW = 3.133 COP
23 October 20231 KRW = 3.138 COP
24 October 20231 KRW = 3.156 COP
25 October 20231 KRW = 3.136 COP
26 October 20231 KRW = 3.094 COP
27 October 20231 KRW = 3.064 COP
28 October 20231 KRW = 3.026 COP
29 October 20231 KRW = 3.026 COP
30 October 20231 KRW = 3.012 COP
31 October 20231 KRW = 3.012 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.