SGD/COP: what to know
The SGD/COP rate shows how much COP you get for 1 SGD. Right now, 1 SGD buys 2,418.10 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000413549 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while COP responds to oil and commodity prices.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. 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.