Colombian Peso (COP) Exchange Rates on 24th January 2020 (24/01/2020)
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Exchange rates for Colombian Peso (COP)
| Updated: 2020-01-24 | |||||||||
| Convert from | Convert to | 1 COP | Conversion | in currency | Conversion | ||||
 COP |
 GBP |
0.0002 | COP to GBP | 4414.5145 | GBP to COP | ||||
| COP |
 BGN |
0.0005 | COP to BGN | 1899.153 | BGN to COP | ||||
| COP |
 HRK |
0.002 | COP to HRK | 498.9508 | HRK to COP | ||||
| COP |
 CZK |
0.0068 | COP to CZK | 147.6017 | CZK to COP | ||||
| COP |
 DKK |
0.002 | COP to DKK | 497.0665 | DKK to COP | ||||
| COP |
 EEK |
0 | COP to EEK | 0 | EEK to COP | ||||
| COP |
 HUF |
0.0907 | COP to HUF | 11.0258 | HUF to COP | ||||
| COP |
 KZT |
0.1128 | COP to KZT | 8.8627 | KZT to COP | ||||
| COP |
 LVL |
0.0002 | COP to LVL | 5556.9101 | LVL to COP | ||||
| COP |
 LTL |
0.0009 | COP to LTL | 1138.3739 | LTL to COP | ||||
| COP |
 MKD |
0.0166 | COP to MKD | 60.3118 | MKD to COP | ||||
| COP |
 MDL |
0.0053 | COP to MDL | 188.851 | MDL to COP | ||||
| COP |
 NOK |
0.0027 | COP to NOK | 373.6585 | NOK to COP | ||||
| COP |
 PLN |
0.0011 | COP to PLN | 874.8538 | PLN to COP | ||||
| COP |
 RON |
0.0013 | COP to RON | 776.9496 | RON to COP | ||||
| COP |
 RUB |
0.0184 | COP to RUB | 54.3179 | RUB to COP | ||||
| COP |
 SKK |
0 | COP to SKK | 0 | SKK to COP | ||||
| COP |
 SEK |
0.0028 | COP to SEK | 352.5928 | SEK to COP | ||||
| COP |
 CHF |
0.0003 | COP to CHF | 3463.8606 | CHF to COP | ||||
| COP |
 TRY |
0.0018 | COP to TRY | 566.7351 | TRY to COP | ||||
| COP |
 UAH |
0.0073 | COP to UAH | 136.8324 | UAH to COP | ||||
Colombian Peso (COP)
Sign $
1 Colombian Peso is subdivided into 100 centavos.
The official currency of Colombia is the Columbian peso which is represented by the international currency code "COP" and in monetary transactions formally with the "$" sign and informally with the "COL$" sign. Monetary policy surrounding the COP is managed by the central bank of Columbia, the Banco de la Republica, who is also responsible for both Columbian monetary policy and currency in circulation. The COP is pegged to the United States dollar (USD), the specific amount of that pegged is under constant revision in order to reflect current currency and economic markets.
Coins used:
-frequently 50, 100, 200, 500 pesos
-rarely 20 pesos
Banknotes used:
1000, 2000, 5000, 10,000, 20,000, 50,000 pesos
Central Bank
Banco de la República
http://www.banrep.gov.co
Even though each peso is officially subdivided into 100 centavo units, in practical trade and monetary circulation there are no centavo denominated coins. The current denomination of coins issued as COP are 50, 100, 200, and 500 pesos. There is a 20 pesos coin in official circulation, but it is rarely used. Banknotes are circulated in 1000, 2000, 5000, 10,000, 20,000, and 50,000 pesos denominations.
The Columbian economy has shown a strong ability to grow when in the later years of the first decade of the 21st century annual growth reached over 7%. The workforce is split between almost 60% services, 20 % industry and 20% agriculture. Columbia has a free trade agreement with the United States and has as its major trading partners the United States, Venezuela, China, and the European Union. The primary exports from Columbia are natural resources including coffee, gold, petroleum, and agricultural production.
Columbia has a heavy foreign debt burden, is heavily weighted with public sector employment and entitlements, and has unfunded liabilities that keep it from experiencing true growth. In recent years this reliance on the public sector and debt has changed as more recent administrations work to liberate the Columbian economy from the shackles of the past and into realizing its full growth potential.
Other References
Wikipedia article on Colombian Peso
XE.com Live Currency Converter for COP
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