US Dollar to Colombian Peso Exchange Rate

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How can I get the best exchange rate between US dollar and the Colombian peso?

To get the best exchange rate between the US dollar and the Colombian peso, you should first make sure that you know what the “real” mid-market rate of the currency is. This is the exchange rate you find when you look up the currency on Google or here on Finder.com.

Once you know this rate, you can proceed to check the exchange rate offered to you by various services that let you exchange money. If you need to send money to someone in Colombia, online money transfer services are most likely your best choice. These services offers exchange rates that are far better than what most traditional banks do, and they also make your transfer faster and with less hassles.

If instead you are travelling to Colombia, brining an international credit card with you and withdrawing Colombian pesos from an ATM in the country may be a good option. Keep in mind that the cost for making foreign currency transactions varies between banks; so make sure to check that with your bank before you travel.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.

-Currency:
+US Dollar
 Currency Symbol:
-Sub unit:
+cents
 Sub unit symbol:
-Bank notes:
+$1, $5, $10, $20, $50, $100
-Coins:
+c, 5c, 10c, 25c, 50c

Colombian Peso

The Colombian peso has been the official currency in Columbia since 1837. The country is a free-market economy that’s seen positive growth. Unlike most of the world’s banknotes, the Colombian peso is displayed vertically.

-Currency:
+Colombian Peso
 Currency Symbol:
-Sub unit:
+centavo
 Sub unit symbol:
-Bank notes:
+,000, 5,000, 10,000, 20,000, 50,000, 100,000 pesos
-Coins:
+c, 50c, 100c, 200, 500, 1000 pesos

What affects exchange rates between the US dollar and the Colombian peso?

The exchange rate between the US dollar and the Colombian peso can be affected by a number of political and economic events in both the United States and Colombia. For example, improved economic development in Colombia will usually lead to a stronger peso compared to US dollar. Lately, however, Colombia has seen a widening trade deficit with foreign countries, which contributes to a weakening peso.

Other factors that affect the exchange rate include interest rates in both the United States and Colombia. Higher interest rates in one of the countries will normally be followed by a stronger exchange rate for the same currency. This happens because it becomes more attractive for foreigners to save their money and earn interest in a Colombian bank account, increasing the demand for Colombian pesos in the global currency market in the process.

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
USD 0	1 - 2 days	USD 0.00	3418.344	COP 17,091,721	Offering no maximum and no minimum limit transfers with $0 fees.	Go to site	Compare	Show details	Details Minimum transfer amount USD 0.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, ALL, AMD, ARS, AUD, AZN, BAM, BBD, BDT, BGN, BHD, BND, BSD, CAD, CHF, CLP, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, ILS, INR, JOD, JPY, KRW, KWD, KZT, LKR, LSL, MGA, MKD, MUR, MWK, MXN, NAD, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, RON, RSD, RWF, SEK, SGD, SRD, THB, TJS, TND, TRY, TTD, UGX, USD, ZAR Go to site Read the full review
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USD 1	Within an hour	USD 3.99	3417.658	COP 17,074,652	Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KRW, KWD, KYD, KZT, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
USD 1,000	1 day	N/A	N/A	N/A	No-maximum limit transfers with competitive exchange rates for 100+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
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USD 1	3 - 5 days	N/A	N/A	N/A	No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Phone, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Email, Branch Available currencies AED, ALL, AMD, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, CAD, CDF, CHF, CLP, CNY, COP, CRC, DJF, DKK, DOP, DZD, EGP, ERN, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KGS, KHR, KMF, KZT, LAK, LBP, LKR, LRD, MAD, MDL, MMK, MNT, MXN, MYR, MZN, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SCR, SEK, SLL, SRD, THB, TJS, TND, TOP, TRY, TTD, TZS, UAH, UGX, USD, UYU, UZS, VEF, VND, VUV, XAF, XCD, XOF, YER, ZMW, BYN Go to site Read the full review
GBP 1,000	1 - 2 days	N/A	N/A	N/A	Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000). For larger transfers, get no transaction fees and no maximum send limits.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1,000.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR Go to site Read the full review
USD 5,000	1 day	N/A	N/A	N/A	Venstar will support you through the entire process of your international transactions, from start to finish.	Go to site	Compare	Show details	Details Minimum transfer amount USD 5,000.00 Transfer methods Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, INR, JPY, MXN, NOK, NZD, PLN, SEK, SGD, THB, USD, ZAR Go to site Read the full review
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How does the Colombian peso trade against the US dollar historically?

Over the years, Colombia has been struggling with high inflation, meaning that the peso has been loosing its value compared to the US dollar and other currencies. Since 2008, the value of the peso compared to the US dollar has gone from about 1,600 pesos to 1 dollar in 2008, to 3,000 pesos to 1 dollar in 2017, which is a near halving of its value.

From 2010 to the beginning of 2014, the exchange rate between the US dollar and the Colombian peso was relatively stable. For most of this time period, the exchange rate remained just below 2,000 pesos for 1 US dollar. In 2014, the peso began to decline in value, going from 1,900 to 3,300 pesos to 1 dollar over a period of about 2 years. Since the sharp decline, the peso has risen slightly in value again and stabilized with an exchange rate to US dollars of about 3,000 pesos to 1 US dollar.

US Dollar to the Colombian Peso for the last 10 days

	Oct 05	Oct 06	Oct 07	Oct 08	Oct 09	Oct 10	Oct 11	Oct 12	Oct 13	Oct 14
1 USD =	3451.2500 Inverse: 0.0003	3450.1255 Inverse: 0.0003	3435.9678 Inverse: 0.0003	3459.2525 Inverse: 0.0003	3450.7208 Inverse: 0.0003	3471.6115 Inverse: 0.0003	3460.0842 Inverse: 0.0003	3460.0842 Inverse: 0.0003	3462.2378 Inverse: 0.0003	3430.8948 Inverse: 0.0003

US Dollar to the Colombian Peso for the last 10 months

	Dec 2018	Jan 2019	Feb 2019	Mar 2019	Apr 2019	May 2019	Jun 2019	Jul 2019	Aug 2019	Sep 2019
1 USD =	3172.6520 Inverse: 0.0003	3138.0074 Inverse: 0.0003	3133.7523 Inverse: 0.0003	3141.7682 Inverse: 0.0003	3167.1300 Inverse: 0.0003	3299.4683 Inverse: 0.0003	3287.3765 Inverse: 0.0003	3178.1526 Inverse: 0.0003	3443.3465 Inverse: 0.0003	3378.6992 Inverse: 0.0003

US Dollar to the Colombian Peso for the last 10 years

	Oct 2009	Oct 2010	Oct 2011	Oct 2012	Oct 2013	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Oct 2018
1 USD =	1831.5408 Inverse: 0.0005	1789.4358 Inverse: 0.0006	1894.6194 Inverse: 0.0005	1798.8632 Inverse: 0.0006	1883.3498 Inverse: 0.0005	2049.9833 Inverse: 0.0005	2897.3633 Inverse: 0.0003	2911.9750 Inverse: 0.0003	2940.7500 Inverse: 0.0003	3090.9334 Inverse: 0.0003

Market rate for common transfer amounts USD to COP

US Dollars (USD)	Colombian Peso (COP)
$1	0
$100	0
$500	0
$1000	0
$1500	0
$2500	0
$5000	0

Exchange rates from USD to other currencies

View all USD currency pair exchange rates

Adrienne Fuller

Adrienne Fuller is the head of publishing at Finder. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.

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US Dollar to Colombian Peso Exchange Rate

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How can I get the best exchange rate between US dollar and the Colombian peso?