Historic South African rand Colombian Peso

South African rand colombian peso history for November 2023. The highest quote for this month is 224.38 (17/11/2023) and the lowest 223.12 (17/11/2023). The difference between high and low is 0.56.

ZAR COP average rate for November 2023 is 217.7, the change between 01/11/2023 and 30/11/2023 is +3.59 %.

01 November 20231 ZAR = 220.9 COP
02 November 20231 ZAR = 222.3 COP
03 November 20231 ZAR = 219.9 COP
06 November 20231 ZAR = 215.9 COP
07 November 20231 ZAR = 217.5 COP
08 November 20231 ZAR = 218.8 COP
09 November 20231 ZAR = 221.2 COP
10 November 20231 ZAR = 217.2 COP
12 November 20231 ZAR = 214.9 COP
13 November 20231 ZAR = 212.6 COP
14 November 20231 ZAR = 215.4 COP
15 November 20231 ZAR = 217.3 COP
16 November 20231 ZAR = 221.6 COP
17 November 20231 ZAR = 222.5 COP
18 November 20231 ZAR = 221.4 COP
19 November 20231 ZAR = 221.4 COP
20 November 20231 ZAR = 219.3 COP
21 November 20231 ZAR = 220.8 COP
22 November 20231 ZAR = 218.8 COP
23 November 20231 ZAR = 215.5 COP
24 November 20231 ZAR = 216.1 COP
26 November 20231 ZAR = 214.4 COP
27 November 20231 ZAR = 213.4 COP
28 November 20231 ZAR = 215.0 COP
29 November 20231 ZAR = 212.9 COP
30 November 20231 ZAR = 213.0 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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