About this pair
KRW/COP: what to know
The KRW/COP rate shows how much COP you get for 1 KRW. Right now, 1 KRW buys 2.2999 COP at the mid-market rate. In the other direction, 1 COP is worth 0.4348 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while COP responds to oil and commodity prices.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. 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.