About this pair
ETH/COP: what to know
The ETH/COP rate shows how much COP you get for 1 ETH. Right now, 1 ETH buys 7,722,756.71 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000000129487 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while COP responds to oil and commodity prices.
Ethereum popularised programmable “smart contracts”. The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.