Exchange Rates

Exchange rates on major currencies against the Colombian Peso (COP) are available online at various sites. Here are some quick links (links to Bloomberg or Google Finance)

Please remember that these are mid-market rates so NOT what you’ll get from your bank, which will be consumer rates and are a bit lower (usually 3%). Factor in the ATM’s banking fee and your foreign bank’s transaction fees, if any. Also, the rate you get is based on what exists at the time your bank’s currency trading desk executes the buy that will be used to cover your transaction, not when you withdraw from the ATM. A good place to get updates is https://xe.com

Note: this is not an endorsement of XE’s services

Photo by Colombia Dreaming