Colombia Currency | Colombian Peso (COP) Guide

💰 Official Currency of Colombia

The official currency of Colombia is the Colombian Peso (COP).
Its international currency code is COP, and the symbol is typically written as $.

The Colombian Peso is the country’s only legal tender. Daily expenses, tourist payments, and all official transactions are carried out in COP.

🏛️ Brief History of the Colombian Peso

The Colombian Peso has been the country’s official currency for many years and has undergone various monetary reforms over time to support economic stability and manage inflation.

Monetary policy is managed by the Banco de la República. The Colombian Peso operates under a floating exchange rate system, and the country’s economy is largely driven by oil production, mining, agriculture, and services.

💹 Currency Code and Subunit of the Colombian Peso

• Currency Code: COP

• Symbol: $

• Subunit: 1 Colombian Peso = 100 centavos

However, due to low value, centavos are rarely used in daily transactions. Prices are typically listed in whole pesos.

💱 Banknotes and Coins in Colombia

📌 Banknotes in Circulation

Commonly used banknotes include:

• 2,000 COP

• 5,000 COP

• 10,000 COP

• 20,000 COP

• 50,000 COP

• 100,000 COP

📌 Coins in Circulation

Coins commonly used in everyday life:

• 50 COP

• 100 COP

• 200 COP

• 500 COP

• 1,000 COP

Colombian banknotes feature important historical figures, natural landscapes, and cultural symbols.

💸 Can You Send Money to Colombia from Türkiye?

Yes.

With PayPorter, sending money from Türkiye to Colombia is fast, secure, and cost-effective. International money transfers to Colombia are delivered quickly to the recipient.

🔹 PayPorter Advantages

• Send money to more than 185 countries

• Competitive transfer fees

• Secure and licensed infrastructure

• Nearly 500 branches and representative locations

• Fast transfer process

You can visit the relevant transfer page to send money from Türkiye to Colombia.

🌍 Can the Colombian Peso Be Used in Türkiye?

No.
The Colombian Peso is not legal tender in Türkiye and is only traded in limited amounts at some exchange offices.

For personal and commercial transactions between Türkiye and Colombia, currency conversion is usually required. PayPorter also enables secure money transfers from Colombia to Türkiye.

💡 Interesting Facts About the Colombian Peso

• Colombia has one of the largest economies in Latin America.

• Oil and coal exports play a major role in the country’s economy.

• Banknote designs highlight artists, scientists, and historical leaders.

• Credit card usage is common in major cities, while cash is often preferred in smaller towns.

• Some tourist areas may accept US dollars, but the official currency remains the Colombian Peso.

❓ Frequently Asked Questions About Colombia’s Currency

What is the official currency of Colombia?

The official currency of Colombia is the Colombian Peso (COP).

Is any other currency accepted in Colombia?

No. The Colombian Peso is the only legal tender.

Can I send money to Colombia from Türkiye?

Yes. You can send money quickly and securely to Colombia with PayPorter.

Are credit cards widely used in Colombia?

Yes, especially in large cities. Smaller locations may prefer cash.

Can I withdraw cash from ATMs in Colombia?

Yes. ATMs are widely available in major cities and tourist areas. Fees may vary depending on the bank.

Last Uptade: February 2026

This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.