About this pair
COP/ZAR: what to know
The COP/ZAR rate shows how much ZAR you get for 1 COP. Right now, 1 COP buys 0.00523548 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 191.0044 COP.
In the short term COP is driven mainly by oil and commodity prices, while ZAR responds to commodity prices and 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 African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
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.