The unit of currency is the Colombian Peso (COP), which is divided into 100 centavos. Banks have no fixed policy on exchanging cash. Some provide the service, some do not, and different banks can differ on this from day to day. Cash can be exchanged at casas de cambio, or money exchange bureaux, located in cities and border towns.
US Dollars are preferred for most exchanges. Visitors are warned to beware of fake US Dollars, which are printed in Colombia. Credit cards, especially Visa, are widely accepted and are welcome at top hotels and restaurants, travel agents and car rental agencies. In the main towns and cities ATMs are prevalent, but cards should be used with caution for security reasons.
Currency Exchange Rates
|Colombia||COP 1||COP 5||COP 10||COP 100||COP 1,000|
|Australia||AUD 0.04||AUD 0.45||AUD 4.45||AUD 44.53||AUD 445.28|
|Canada||CAD 0.04||CAD 0.42||CAD 4.22||CAD 42.17||CAD 421.67|
|Ireland||EUR 0.03||EUR 0.28||EUR 2.80||EUR 27.98||EUR 279.78|
|New Zealand||NZD 0.05||NZD 0.47||NZD 4.74||NZD 47.35||NZD 473.53|
|South Africa||ZAR 0.45||ZAR 4.50||ZAR 45.00||ZAR 449.96||ZAR 4,499.55|
|United Kingdom||GBP 0.02||GBP 0.24||GBP 2.42||GBP 24.22||GBP 242.20|
|United States of America||USD 0.03||USD 0.31||USD 3.13||USD 31.32||USD 313.16|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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