COP/CAD: what to know
The COP/CAD rate shows how much CAD you get for 1 COP. Right now, 1 COP buys 0.000449840 CAD at the mid-market rate. In the other direction, 1 CAD is worth 2,223.01 COP.
In the short term COP is driven mainly by oil and commodity prices, while CAD responds to oil prices and the US economy.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
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.