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. Generally foreign exchange is only offered in the early morning. 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 becoming more widely accepted and are welcome at top hotels and restaurants, travel agents and car rental agencies. In the main towns and cities ATMs are becoming more prevalent, but cards should be used with caution for security reasons.
Currency Exchange Rates
|Colombia||COP 100||COP 1,000||COP 10,000||COP 100,000||COP 1,000,000|
|Australia||AUD 0.05||AUD 0.47||AUD 4.66||AUD 46.56||AUD 465.65|
|Canada||CAD 0.05||CAD 0.46||CAD 4.60||CAD 46.04||CAD 460.35|
|Ireland||EUR 0.03||EUR 0.30||EUR 2.99||EUR 29.93||EUR 299.29|
|New Zealand||NZD 0.05||NZD 0.50||NZD 4.97||NZD 49.67||NZD 496.72|
|South Africa||ZAR 0.55||ZAR 5.45||ZAR 54.51||ZAR 545.12||ZAR 5,451.19|
|United Kingdom||GBP 0.02||GBP 0.22||GBP 2.24||GBP 22.44||GBP 224.41|
|United States of America||USD 0.03||USD 0.32||USD 3.25||USD 32.50||USD 324.99|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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