Today's Exchange Rate: 1 USD = 5,267 COP
Are you planning a trip to Colombia or sending money abroad? Stay updated with the latest exchange rate between the US dollar and the Colombian peso (COP).
Historical Exchange Rate Trends
Over the past year, the exchange rate has fluctuated significantly. In January 2023, 1 USD was worth 4,733 COP, while in December 2022, it reached a high of 5,300 COP.
Factors Affecting the Exchange Rate
Several factors influence the exchange rate between the two currencies, including:
Implications for Travelers
If you're traveling to Colombia, the current exchange rate means you'll get approximately 5,267 COP for every USD you exchange. This will allow you to purchase goods and services in Colombia at a relatively favorable rate.
Remittance Rates
For those sending remittances to Colombia, the exchange rate will determine the amount of pesos your beneficiaries receive. With the current rate, you can expect to send approximately 5,267 COP for every USD you send.
Currency Exchange Tips
Month | Exchange Rate |
---|---|
January 2023 | 4,733 |
February 2023 | 4,827 |
March 2023 | 4,911 |
April 2023 | 5,000 |
May 2023 | 5,123 |
June 2023 | 5,267 |
Bank | Exchange Rate (USD/COP) |
---|---|
Banco de Bogotá | 5,265 |
Bancolombia | 5,263 |
Colpatria | 5,260 |
Davivienda | 5,258 |
Provider | Commission Fee |
---|---|
Travelex | 2.5% |
Currency Exchange International | 1.5% |
Western Union | 5% |
XE.com | 0.5% |
Question | Answer |
---|---|
What is the current exchange rate? | 1 USD = 5,267 COP |
Why has the exchange rate been fluctuating? | Various economic, political, and international factors |
How can I get the best exchange rate? | Shop around and consider online platforms |
What are the fees associated with currency exchange? | Varies depending on the provider |
What are some tips for exchanging currency? | Be aware of commissions and exchange rates |
Let us know if you have any further questions or need assistance with currency exchange. We are committed to providing accurate and up-to-date information to help you make informed decisions.
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