EUR/COP: what to know
The EUR/COP rate shows how much COP you get for 1 EUR. Right now, 1 EUR buys 3,659.42 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000273 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while COP responds to oil and commodity prices.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez.
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.