COP/RUB: what to know
The COP/RUB rate shows how much RUB you get for 1 COP. Right now, 1 COP buys 0.0273 RUB at the mid-market rate. In the other direction, 1 RUB is worth 36.6034 COP.
In the short term COP is driven mainly by oil and commodity prices, while RUB responds to oil and gas prices and sanctions.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.