About this pair
AUD/COP: what to know
The AUD/COP rate shows how much COP you get for 1 AUD. Right now, 1 AUD buys 2,211.49 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000452183 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while COP responds to oil and commodity prices.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.