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What is Colombian Peso mean?
The Colombian peso (sign: $; code: COP) is the currency of Colombia. Its ISO 4217 code is COP. The official peso symbol is $, with COL$ also being used to distinguish it from other peso- and dollar-denominated currencies.
One peso is theoretically subdivided into one hundred centavos; however, because of high inflation in the 1970's and 1980's, all centavo coins minting was stopped in 1984. In February 2009, the central bank stopped the minting of 5, 10 and 20 peso coins, legally they are still legal tender, but due to their low value and circulation, most cash transactions are rounded to the nearest 50 pesos.
referencePosted on 17 Dec 2024, this text provides information on Miscellaneous in Country Currency related to Country Currency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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