About this pair
COP/MXN: what to know
The COP/MXN rate shows how much MXN you get for 1 COP. Right now, 1 COP buys 0.00550374 MXN at the mid-market rate. In the other direction, 1 MXN is worth 181.6947 COP.
In the short term COP is driven mainly by oil and commodity prices, while MXN responds to the US economy and capital flows.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol.
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.