What is the Currency in Colombia?
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What is the currency in Colombia?
The Colombian peso (COP) is the currency used. Although prices are usually shown with a dollar sign, always remember you’re seeing the price in the Colombian peso. Currently, one U.S. dollar equals to 3,991.33 COP. The bills used are $1,000, $2,000, $5,000, $10,000, $50,000 and $100,000, with coins of $50, $100, $200, $500 and $1,000.
Where to withdraw money?
If you’d like to withdraw money from anywhere in the country, it’s quite easy to get money out with your credit card, such as Visa or Mastercard. There are many ATMs in busy areas like shopping centers. The banks Davivienda and BBVA allow you to withdraw money with no extra charge.
To exchange currency from euro or dollar to peso, you can do so for small amounts at the airport, to have some cash in hand, but the exchange rates tend to be bad at airports. Alternatively, you can wait until you’re on site and exchange at the Esmeralda Trade Center. We recommend asking your accommodation for a trustworthy exchange establishment to change your cash, or some hotels offer a currency exchange themselves. It’s also advisable to plan ahead of time, as oftentimes it’s much more difficult to exchange money in smaller cities or towns.
Visiting Colombia soon?
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