CNH/COP: what to know
The CNH/COP rate shows how much COP you get for 1 CNH. Right now, 1 CNH buys 459.7963 COP at the mid-market rate. In the other direction, 1 COP is worth 0.00217488 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while COP responds to oil and commodity prices.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. 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.