About this pair
COP/KRW: what to know
The COP/KRW rate shows how much KRW you get for 1 COP. Right now, 1 COP buys 0.4347 KRW at the mid-market rate. In the other direction, 1 KRW is worth 2.3006 COP.
In the short term COP is driven mainly by oil and commodity prices, while KRW responds to tech exports and global risk appetite.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
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.