Colombian Peso

The Colombian Peso (COP) is the official currency of Colombia. It is symbolized by the '$' sign and is subdivided into 100 centavos.

History

The Colombian Peso was first introduced in 1821 as part of the Gran Colombia republic and has gone through several changes since.

Current Usage

• Banknotes: The current banknotes in circulation are:

  • 1,000 COP
  • 2,000 COP
  • 5,000 COP
  • 10,000 COP
  • 20,000 COP
  • 50,000 COP
  • 100,000 COP

• Coins: The coins in circulation include:

  • 50 COP
  • 100 COP
  • 200 COP
  • 500 COP
  • 1,000 COP

Exchange Rates

The exchange rate of the Colombian Peso is subject to fluctuations based on market conditions. As of today:

• 1 USD = 3,800 COP
• 1 EUR = 4,500 COP

Conclusion

The Colombian Peso plays a crucial role in the economy of Colombia, affecting trade and everyday transactions.