About the Colombian Peso
The Colombian Peso was introduced in 1837, replacing the Real at a rate of 1 peso = 8 reales. It has undergone several periods of inflation and revaluation.
The name 'Peso' means 'weight' in Spanish, referring to the weight of the silver coins used during the colonial era.
Interesting Facts
A Thousand-Peso Coin
Colombia is one of the few countries to have a commonly used coin with a high face value, the 1000-peso coin.
Literary and Artistic Figures
The banknotes feature prominent Colombian figures, including Nobel laureate Gabriel García Márquez and painter Débora Arango.
Coffee and Oil
The value of the Colombian Peso is significantly influenced by the global prices of its main exports: coffee and crude oil.
Historical Timeline
The Peso is introduced.
A new series of banknotes is introduced to combat counterfeiting and inflation.
A new family of banknotes is launched, with updated designs and security features.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- COP
- Symbol
- $
- Numeric Code
- 170
- Subunit
- Centavo (1/100)
- Introduced
- 1837-01-01
Central Bank
- Name
- Bank of the Republic
- Headquarters
- Bogotá, Colombia
- Founded
- 1923
- Current Governor
- Leonardo Villar Gómez (since 2021)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 7.16%
- Interest Rate
- 11.75%
Exchange Rates
What Affects the COP Exchange Rate?
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