About this pair
USD/COP: what to know
The USD/COP rate shows how much COP you get for 1 USD. Right now, 1 USD buys 3,083.56 COP at the mid-market rate. In the other direction, 1 COP is worth 0.000324300 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while COP responds to oil and commodity prices.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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.