About this pair
ISK/COP: what to know
The ISK/COP rate shows how much COP you get for 1 ISK. Right now, 1 ISK buys 25.6468 COP at the mid-market rate. In the other direction, 1 COP is worth 0.0390 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while COP responds to oil and commodity prices.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. After the 2008 crisis Iceland withdrew its cents (aurar) — only whole krónur circulate. 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.