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Current Exchange Rate US Dollar to Colombian Peso: 5,267 COP Per USD

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.

current exchange rate us dollar to colombian peso

Factors Affecting the Exchange Rate

Current Exchange Rate US Dollar to Colombian Peso: 5,267 COP Per USD

Several factors influence the exchange rate between the two currencies, including:

  • Economic growth and inflation rates in the US and Colombia
  • Interest rate decisions by central banks
  • Demand and supply for foreign currencies
  • Political stability and international events

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.

Table 1: Monthly Exchange Rate Fluctuations (USD/COP)

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

  • Shop around for the best exchange rate from reputable providers.
  • Consider using a currency exchange app or online platform for convenience.
  • Be aware of fees and commissions associated with currency exchange transactions.

Table 1: Monthly Exchange Rate Fluctuations (USD/COP)

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

Table 2: Major Colombian Banks and Exchange Rates

Bank Exchange Rate (USD/COP)
Banco de Bogotá 5,265
Bancolombia 5,263
Colpatria 5,260
Davivienda 5,258

Table 3: Currency Exchange Commission Fees

Provider Commission Fee
Travelex 2.5%
Currency Exchange International 1.5%
Western Union 5%
XE.com 0.5%

Table 4: Frequently Asked Questions about the US Dollar to Colombian Peso Exchange Rate

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.

Today's Exchange Rate: 1 USD = 5,267 COP

Time:2024-12-21 02:52:36 UTC

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