COP/CHF: what to know
The COP/CHF rate shows how much CHF you get for 1 COP. Right now, 1 COP buys 0.000254 CHF at the mid-market rate. In the other direction, 1 CHF is worth 3,936.94 COP.
In the short term COP is driven mainly by oil and commodity prices, while CHF responds to safe-haven demand and SNB policy.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
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.