Historic South African rand Colombian Peso

South African rand colombian peso history for December 2023. The highest quote for this month is 216.22 (15/12/2023) and the lowest 217.72 (15/12/2023). The difference between high and low is -0.69.

ZAR COP average rate for December 2023 is 212.40071, the change between 01/12/2023 and 31/12/2023 is +1.94 %.

01 December 20231 ZAR = 213.1 COP
02 December 20231 ZAR = 212.6 COP
03 December 20231 ZAR = 212.6 COP
04 December 20231 ZAR = 213.7 COP
05 December 20231 ZAR = 213.8 COP
06 December 20231 ZAR = 211.7 COP
07 December 20231 ZAR = 211.0 COP
08 December 20231 ZAR = 212.6 COP
10 December 20231 ZAR = 209.9 COP
11 December 20231 ZAR = 208.9 COP
12 December 20231 ZAR = 208.0 COP
13 December 20231 ZAR = 210.7 COP
14 December 20231 ZAR = 212.8 COP
15 December 20231 ZAR = 216.5 COP
16 December 20231 ZAR = 214.9 COP
17 December 20231 ZAR = 214.9 COP
18 December 20231 ZAR = 215.8 COP
19 December 20231 ZAR = 211.7 COP
20 December 20231 ZAR = 215.1 COP
21 December 20231 ZAR = 215.9 COP
22 December 20231 ZAR = 217.2 COP
23 December 20231 ZAR = 211.9 COP
24 December 20231 ZAR = 211.9 COP
25 December 20231 ZAR = 211.5 COP
26 December 20231 ZAR = 214.2 COP
27 December 20231 ZAR = 206.9 COP
28 December 20231 ZAR = 208.9 COP
29 December 20231 ZAR = 209.0 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.
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