About this pair
MXN/COP: what to know
The MXN/COP rate shows how much COP you get for 1 MXN. Right now, 1 MXN buys 181.6947 COP at the mid-market rate. In the other direction, 1 COP is worth 0.00550374 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while COP responds to oil and commodity prices.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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.