COP · COP
Colombian Peso (COP)
The Colombian Peso (COP) is the official currency of Colombia, issued by the Banco de la República. It is a free-floating currency, and its value is determined by market forces.
Convert this currency
Converted amount
0.0003 USD
Exchange rate
1 COP = 0.000317 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
COP · Colombian Peso
COP - Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, issued by the Banco de la República, the country's central bank. The peso is subdivided into 100 centavos, although due to inflation, centavo coins are rarely used in everyday transactions. The currency symbol is $, and its ISO code is COP. The peso has a long history, with the current iteration dating back to the 1810s, and it has undergone several redenominations and reforms over the centuries.
As a free-floating currency, the value of the Colombian Peso is determined by supply and demand in the foreign exchange market. The exchange rate is influenced by various factors, including commodity prices (especially oil), domestic inflation, interest rates set by the central bank, and global economic conditions. The Banco de la República intervenes in the market occasionally to manage excessive volatility, but the overall exchange rate regime is flexible.
The Colombian Peso is used in all transactions within Colombia, and it is not widely accepted outside the country. Travelers to Colombia will need to exchange their currency for pesos, and it is advisable to do so at official exchange houses or banks to get competitive rates. The peso is also used in some border areas of neighboring countries, but it is not legal tender there. For those interested in the Colombian economy, the peso serves as a key indicator of economic health, and its performance is closely watched by investors and analysts.
- Code
- COP
- Symbol
- COP
- Current rate
- USD / COP
Currency information
Last updated · 8/7/2026
Introduced in 1810, with the current peso adopted in 1837.
- Official name
- Colombian Peso
- Legal tender status
- Legal tender in Colombia
- Decimal places
- 2
- Minor unit
- Centavo · 1 COP = 100 Centavo
- Countries
- Colombia
- Issuing authority
- Banco de la República
- Central bank
- Banco de la República · Official website
- Exchange-rate regime
- Floating exchange rate
Common banknotes
$2,000 · $5,000 · $10,000 · $20,000 · $50,000 · $100,000
Common coins
$50 · $100 · $200 · $500 · $1,000
Also known as
Peso · Colombian Peso · COP · $
Practical notes
- The symbol '$' is used, but context distinguishes it from other dollar currencies.
- The 100,000 peso note is the highest denomination.
Priority currency pairs
The most useful conversions for this currency.
Colombian Peso questions
What is the COP exchange rate?
The displayed rate is the latest available reference rate for USD/COP. It can change throughout the day.
How can I convert COP online?
Use the converter above to calculate indicative amounts between COP and the other supported currencies.