About this pair
IDR/COP: what to know
The IDR/COP rate shows how much COP you get for 1 IDR. Right now, 1 IDR buys 0.1758 COP at the mid-market rate. In the other direction, 1 COP is worth 5.6895 IDR.
In the short term IDR is driven mainly by commodity prices and capital flows, while COP responds to oil and commodity prices.
The Indonesian Rupiah (IDR) is issued by Bank Indonesia. The rupiah has some of the world’s highest denominations — notes go up to 100,000. 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.