South African rand colombian peso exchange rate history (ZAR COP) August 2023

South African rand colombian peso history for August 2023. The highest quote for this month is 221.5 (04/08/2023) and the lowest 223.97 (04/08/2023). The difference between high and low is -1.12.

ZAR COP average rate for August 2023 is 216.7892, the change between 01/08/2023 and 31/08/2023 is -0.18 %.

01 August 2023	1 ZAR = 218.8 COP
02 August 2023	1 ZAR = 217.6 COP
03 August 2023	1 ZAR = 219.1 COP
04 August 2023	1 ZAR = 220.8 COP
07 August 2023	1 ZAR = 221.8 COP
08 August 2023	1 ZAR = 215.4 COP
09 August 2023	1 ZAR = 214.2 COP
10 August 2023	1 ZAR = 213.8 COP
11 August 2023	1 ZAR = 211.9 COP
12 August 2023	1 ZAR = 209.8 COP
14 August 2023	1 ZAR = 209.4 COP
15 August 2023	1 ZAR = 211.8 COP
16 August 2023	1 ZAR = 214.0 COP
17 August 2023	1 ZAR = 215.0 COP
18 August 2023	1 ZAR = 215.0 COP
20 August 2023	1 ZAR = 216.8 COP
21 August 2023	1 ZAR = 217.1 COP
22 August 2023	1 ZAR = 214.4 COP
23 August 2023	1 ZAR = 219.0 COP
24 August 2023	1 ZAR = 221.8 COP
25 August 2023	1 ZAR = 217.1 COP
28 August 2023	1 ZAR = 221.3 COP
29 August 2023	1 ZAR = 222.2 COP
30 August 2023	1 ZAR = 222.7 COP
31 August 2023	1 ZAR = 219.2 COP

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

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.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

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.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

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.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.

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.

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 African rand Colombian Peso