Convert 1000000 Colombian Peso (COP) to US Dollar (USD)
Exchange rates used for currency conversion updated on May 06th 2021 ( 05/06/2021 )
Below you will find the latest exchange rates for exchanging Colombian Peso (COP) to US Dollar (USD) , a table containing most common conversions and a chart with the pair's evolution.
The Colombian Peso (COP) to US Dollar (USD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The Columbian peso (COP) is the official currency used throughout the 32 departments of Columbia. It is issued by the central bank of Columbia, the Banco de la Republica, in coin denominations of 20, 50, 100, 200, and 500 and banknote denominations of 1000, 2000, 5000, 10,000, 20,000, and 50,000 pesos. Each peso is officially made of 100 centavo's, but due to the purchasing power of the peso, there are no coins in official circulation denominated in centavos. The official symbol for the COP is the "$" sign without any further designation.
About US Dollar (USD)
The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.