About this pair
BRL/COP: what to know
The BRL/COP rate shows how much COP you get for 1 BRL. Right now, 1 BRL buys 602.7812 COP at the mid-market rate. In the other direction, 1 COP is worth 0.00165898 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while COP responds to oil and commodity prices.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. 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.