About this pair
RON/COP: what to know
The RON/COP rate shows how much COP you get for 1 RON. Right now, 1 RON buys 680.7296 COP at the mid-market rate. In the other direction, 1 COP is worth 0.00146901 RON.
In the short term RON is driven mainly by regional sentiment and euro moves, while COP responds to oil and commodity prices.
The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”. 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.