COP to MXN Rate Chart

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COP Popular Exchange Rates(today)

Exchange Rate Last day
COP to GBP rate 0.00018
COP to EUR rate 0.00021
COP to AUD rate 0.00034
COP to CAD rate 0.0003
COP to USD rate 0.00023 0.000228
COP to NZD rate 0.00037
COP to TRY rate 0.00476
COP to DKK rate 0.00158
COP to AED rate 0.00083
COP to NOK rate 0.0025
COP to SEK rate 0.00245
COP to CHF rate 0.00021
COP to JPY rate 0.03175
COP to HKD rate 0.00178
COP to MXN rate 0.00398 0.00399
COP to SGD rate 0.00031
COP to ZAR rate 0.00443

Economic indicators of Colombia and MXN

Indicator Colombia MXN
Private Consumption 290,640
Bil. COP, CDASA, Quarterly; 2023 Q1
-
Real Private Consumption 186,036
Bil. 2015 COP, CDASA, Quarterly; 2023 Q1
-
Nominal GDP 392,243
Bil. COP, CDASA, Quarterly; 2023 Q1
-
Investment 71,283
Bil. COP, CDASA, Quarterly; 2023 Q1
-
Real GDP 248,359
Bil. 2015 COP, CDASA, Quarterly; 2023 Q1
-
Producer Price Index (PPI) 182.62
Index Dec2014=100, NSA, Monthly; Apr 2023
-
Consumer Price Index (CPI) 132.8
Index Dec2018=100, NSA, Monthly; Apr 2023
-
Unemployment Rate 10.7
%, NSA, Monthly; Apr 2023
-
Imports of Goods 19,411
Mil. USD, NSA, Quarterly; 2023 Q1
-
Exports of Goods 17,030
Mil. USD, NSA, Quarterly; 2023 Q1
-
Net Exports 855.51
Mil. USD FOB/CIF, Monthly; Feb 2023
-
Lending Rate 6.25
%, Monthly; Jun 2017
-
Retail Sales 152.58
Index 2019=100, NSA, Monthly; Mar 2023
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COP to MXN Historical Rates(table)

Date Open Highest Lowest Close
COP to MXN (2023-06-02) 0.00404 0.00400 0.00405 0.00397
COP to MXN (2023-06-01) 0.00400 0.00398 0.00402 0.00396
COP to MXN (2023-05-31) 0.00398 0.00402 0.00404 0.00397
COP to MXN (2023-05-30) 0.00402 0.00397 0.00403 0.00395
COP to MXN (2023-05-29) 0.00397 0.00394 0.00397 0.00390
COP to MXN (2023-05-28) 0.00394 0.00391 0.00394 0.00391
COP to MXN (2023-05-26) 0.00396 0.00398 0.00398 0.00394
COP to MXN (2023-05-25) 0.00398 0.00401 0.00402 0.00396
COP to MXN (2023-05-24) 0.00401 0.00401 0.00402 0.00398
COP to MXN (2023-05-23) 0.00401 0.00395 0.00402 0.00395
COP to MXN (2023-05-22) 0.00395 0.00391 0.00396 0.00391
COP to MXN (2023-05-21) 0.00391 0.00393 0.00393 0.00391
COP to MXN (2023-05-19) 0.00392 0.00391 0.00392 0.00389
COP to MXN (2023-05-18) 0.00391 0.00390 0.00395 0.00390
COP to MXN (2023-05-17) 0.00390 0.00386 0.00390 0.00385
COP to MXN (2023-05-16) 0.00386 0.00386 0.00391 0.00384
COP to MXN (2023-05-15) 0.00386 0.00386 0.00392 0.00385
COP to MXN (2023-05-14) 0.00386 0.00384 0.00386 0.00383
COP to MXN (2023-05-12) 0.00386 0.00383 0.00388 0.00382
COP to MXN (2023-05-11) 0.00383 0.00386 0.00388 0.00382
COP to MXN (2023-05-10) 0.00386 0.00389 0.00390 0.00385
COP to MXN (2023-05-09) 0.00389 0.00395 0.00395 0.00389
COP to MXN (2023-05-08) 0.00395 0.00392 0.00399 0.00392
COP to MXN (2023-05-07) 0.00393 0.00392 0.00393 0.00392
COP to MXN (2023-05-05) 0.00392 0.00389 0.00393 0.00387
COP to MXN (2023-05-04) 0.00389 0.00386 0.00390 0.00384

COP to MXN Handy Conversion

1 COP = 0.004 MXN
2 COP = 0.008 MXN
3 COP = 0.012 MXN
4 COP = 0.016 MXN
5 COP = 0.02 MXN
6 COP = 0.024 MXN
7 COP = 0.028 MXN
8 COP = 0.032 MXN
9 COP = 0.036 MXN
10 COP = 0.04 MXN
15 COP = 0.061 MXN
20 COP = 0.081 MXN
25 COP = 0.101 MXN
50 COP = 0.202 MXN
100 COP = 0.404 MXN
200 COP = 0.808 MXN
250 COP = 1.01 MXN
500 COP = 2.02 MXN
750 COP = 3.03 MXN
1000 COP = 4.04 MXN
1500 COP = 6.06 MXN
2000 COP = 8.08 MXN
5000 COP = 20.2 MXN
10000 COP = 40.4 MXN

Comparison between Colombia and MXN

Background comparison between [Colombia] and [MXN]

Colombia MXN

Colombia was one of the three countries that emerged after the dissolution of Gran Colombia in 1830 (the others are Ecuador and Venezuela). A decades-long conflict between government forces, paramilitaries, and antigovernment insurgent groups heavily funded by the drug trade, principally the Revolutionary Armed Forces of Colombia (FARC), escalated during the 1990s. More than 31,000 former United Self Defense Forces of Colombia (AUC) paramilitaries demobilized by the end of 2006, and the AUC as a formal organization ceased to operate. In the wake of the paramilitary demobilization, illegal armed groups arose, whose members include some former paramilitaries. After four years of formal peace negotiations, the Colombian Government signed a final peace accord with the FARC in November 2016, which was subsequently ratified by the Colombian Congress. The accord calls for members of the FARC to demobilize, disarm, and reincorporate into society and politics. The accord also committed the Colombian Government to create three new institutions to form a “comprehensive system for truth, justice, reparation, and non-repetition,” to include a truth commission, a special unit to coordinate the search for those who disappeared during the conflict, and a “Special Jurisdiction for Peace” to administer justice for conflict-related crimes. The Colombian Government has stepped up efforts to expand its presence into every one of its administrative departments. Despite decades of internal conflict and drug-related security challenges, Colombia maintains relatively strong democratic institutions characterized by peaceful, transparent elections and the protection of civil liberties.

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Geography comparison between [Colombia] and [MXN]

Colombia MXN
Location

Northern South America, bordering the Caribbean Sea, between Panama and Venezuela, and bordering the North Pacific Ocean, between Ecuador and Panama

-
Geographic coordinates

4 00 N, 72 00 W

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Map references

South America

-
Area

total: 1,138,910 sq km

land: 1,038,700 sq km

water: 100,210 sq km

note: includes Isla de Malpelo, Roncador Cay, and Serrana Bank

country comparison to the world: 27

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Land boundaries

total: 6,672 km

border countries (5): Brazil 1,790 km, Ecuador 708 km, Panama 339 km, Peru 1,494 km, Venezuela 2,341 km

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Coastline

3,208 km (Caribbean Sea 1,760 km, North Pacific Ocean 1,448 km)

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Maritime claims

territorial sea: 12 nm

exclusive economic zone: 200 nm

continental shelf: 200-m depth or to the depth of exploitation

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Climate

tropical along coast and eastern plains; cooler in highlands

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Terrain

flat coastal lowlands, central highlands, high Andes Mountains, eastern lowland plains (Llanos)

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Elevation

mean elevation: 593 m

elevation extremes: lowest point: Pacific Ocean 0 m

highest point: Pico Cristobal Colon 5,730 m

note: nearby Pico Simon Bolivar also has the same elevation

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Natural resources

petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower

-
Land use

agricultural land: 37.5%

arable land 1.4%; permanent crops 1.6%; permanent pasture 34.5%

forest: 54.4%

other: 8.1% (2011 est.)

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Irrigated land

10,900 sq km (2012)

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Population - distribution

the majority of people live in the north and west where agricultural opportunities and natural resources are found; the vast grasslands of the llanos to the south and east, which make up approximately 60% of the country, are sparsely populated

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Natural hazards

highlands subject to volcanic eruptions; occasional earthquakes; periodic droughts

volcanism: Galeras (4,276 m) is one of Colombia's most active volcanoes, having erupted in 2009 and 2010 causing major evacuations; it has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; Nevado del Ruiz (5,321 m), 129 km (80 mi) west of Bogota, erupted in 1985 producing lahars (mudflows) that killed 23,000 people; the volcano last erupted in 1991; additionally, after 500 years of dormancy, Nevado del Huila reawakened in 2007 and has experienced frequent eruptions since then; other historically active volcanoes include Cumbal, Dona Juana, Nevado del Tolima, and Purace

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Environment - current issues

deforestation resulting from timber exploitation in the jungles of the Amazon and the region of Choc?; illicit drug crops grown by peasants in the national parks; soil erosion; soil and water quality damage from overuse of pesticides; air pollution, especially in Bogota, from vehicle emissions

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Environment - international agreements

party to: Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands

signed, but not ratified: Law of the Sea

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Geography - note

only South American country with coastlines on both the North Pacific Ocean and Caribbean Sea

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People comparison between [Colombia] and [MXN]

Colombia MXN
Population

47,698,524 (July 2017 est.)

country comparison to the world: 29

-
Nationality

noun: Colombian(s)

adjective: Colombian

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Ethnic groups

mestizo and white 84.2%, Afro-Colombian (includes mulatto, Raizal, and Palenquero) 10.4%, Amerindian 3.4%, Romani <.01, unspecified 2.1% (2005 est.)

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Languages

Spanish (official)

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Religions

Roman Catholic 79%, Protestant 14% (includes Pentecostal 6%, mainline Protestant 2%, other 6%), other 2%, unspecified 5% (2014 est.)

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Demographic profile

Colombia is in the midst of a demographic transition resulting from steady declines in its fertility, mortality, and population growth rates. The birth rate has fallen from more than 6 children per woman in the 1960s to just above replacement level today as a result of increased literacy, family planning services, and urbanization. However, income inequality is among the worst in the world, and more than a third of the population lives below the poverty line.

Colombia experiences significant legal and illegal economic emigration and refugee outflows. Large-scale labor emigration dates to the 1960s; the United States and, until recently, Venezuela have been the main host countries. Emigration to Spain picked up in the 1990s because of its economic growth, but this flow has since diminished because of Spain’s ailing economy and high unemployment. Colombia has been the largest source of Latin American refugees in Latin America, nearly 400,000 of whom live primarily in Venezuela and Ecuador. Venezuela’s political and economic crisis since 2015, however, has created a reverse flow, consisting largely of Colombians returning home.

Forced displacement continues to be prevalent because of violence among guerrillas, paramilitary groups, and Colombian security forces. Afro-Colombian and indigenous populations are disproportionately affected. Even with the Colombian Government’s December 2016 peace agreement with the Revolutionary Armed Forces of Colombia (FARC), the risk of displacement remains as other rebel groups fill the void left by the FARC. Between 1985 and September 2017, nearly 7.6 million persons have been internally displaced, the highest total in the world. These estimates may undercount actual numbers because many internally displaced persons are not registered. Historically, Colombia also has one of the world’s highest levels of forced disappearances. About 30,000 cases have been recorded over the last four decades—although the number is likely to be much higher—including human rights activists, trade unionists, Afro-Colombians, indigenous people, and farmers in rural conflict zones.

Because of political violence and economic problems, Colombia received limited numbers of immigrants during the 19th and 20th centuries, mostly from the Middle East, Europe, and Japan. More recently, growth in the oil, mining, and manufacturing sectors has attracted increased labor migration; the primary source countries are Venezuela, the US, Mexico, and Argentina. Colombia has also become a transit area for illegal migrants from Africa, Asia, and the Caribbean -- especially Haiti and Cuba -- who are en route to the US or Canada.

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Dependency ratios

total dependency ratio: 45.6

youth dependency ratio: 35.4

elderly dependency ratio: 10.2

potential support ratio: 9.8 (2015 est.)

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Median age

total: 30 years

male: 29 years

female: 31 years (2017 est.)

country comparison to the world: 118

-
Population growth rate

0.99% (2017 est.)

country comparison to the world: 115

-
Birth rate

16.1 births/1,000 population (2017 est.)

country comparison to the world: 114

-
Death rate

5.5 deaths/1,000 population (2017 est.)

country comparison to the world: 177

-
Net migration rate

-0.6 migrant(s)/1,000 population (2017 est.)

country comparison to the world: 129

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Population distribution

the majority of people live in the north and west where agricultural opportunities and natural resources are found; the vast grasslands of the llanos to the south and east, which make up approximately 60% of the country, are sparsely populated

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Urbanization

urban population: 77% of total population (2017)

rate of urbanization: 1.47% annual rate of change (2015-20 est.)

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Major urban areas - population

BOGOTA (capital) 9.765 million; Medellin 3.911 million; Cali 2.646 million; Barranquilla 1.991 million; Bucaramanga 1.215 million; Cartagena 1.092 million (2015)

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Sex ratio

at birth: 1.05 male(s)/female

0-14 years: 1.05 male(s)/female

15-24 years: 1.04 male(s)/female

25-54 years: 0.98 male(s)/female

55-64 years: 0.88 male(s)/female

65 years and over: 0.72 male(s)/female

total population: 0.98 male(s)/female (2017 est.)

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Mother's mean age at first birth

21.7 years

note: median age at first birth among women 25-29 (2015 est.)

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Maternal mortality ratio

64 deaths/100,000 live births (2015 est.)

country comparison to the world: 87

-
Infant mortality rate

total: 13.6 deaths/1,000 live births

male: 16.5 deaths/1,000 live births

female: 10.6 deaths/1,000 live births (2017 est.)

country comparison to the world: 106

-
Life expectancy at birth

total population: 75.9 years

male: 72.8 years

female: 79.3 years (2017 est.)

country comparison to the world: 96

-
Total fertility rate

2 children born/woman (2017 est.)

country comparison to the world: 122

-
Contraceptive prevalence rate

79.1% (2009/10)

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Health expenditures

7.2% of GDP (2014)

country comparison to the world: 76

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Physicians density

1.82 physicians/1,000 population (2014)

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Hospital bed density

1.5 beds/1,000 population (2014)

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Drinking water source

improved:

urban: 96.8% of population

rural: 73.8% of population

total: 91.4% of population

unimproved:

urban: 3.2% of population

rural: 26.2% of population

total: 8.6% of population (2015 est.)

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Sanitation facility access

improved:

urban: 85.2% of population

rural: 67.9% of population

total: 81.1% of population

unimproved:

urban: 14.8% of population

rural: 32.1% of population

total: 18.9% of population (2015 est.)

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HIV/AIDS - adult prevalence rate

0.4% (2016 est.)

country comparison to the world: 73

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HIV/AIDS - people living with HIV/AIDS

120,000 (2016 est.)

country comparison to the world: 37

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HIV/AIDS - deaths

2,800 (2016 est.)

country comparison to the world: 44

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Major infectious diseases

degree of risk: high

food or waterborne diseases: bacterial diarrhea

vectorborne diseases: dengue fever, malaria, and yellow fever

note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)

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Obesity - adult prevalence rate

22.3% (2016)

country comparison to the world: 78

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Children under the age of 5 years underweight

3.4% (2010)

country comparison to the world: 108

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Education expenditures

4.5% of GDP (2016)

country comparison to the world: 95

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Literacy

definition: age 15 and over can read and write

total population: 94.2%

male: 94.1%

female: 94.4% (2015 est.)

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School life expectancy (primary to tertiary education)

total: 14 years

male: 14 years

female: 15 years (2015)

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Unemployment, youth ages 15-24

total: 16.6%

male: 12.6%

female: 22.2% (2015 est.)

country comparison to the world: 78

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Government comparison between [Colombia] and [MXN]

Colombia MXN
Country name

conventional long form: Republic of Colombia

conventional short form: Colombia

local long form: Republica de Colombia

local short form: Colombia

etymology: the country is named after explorer Christopher COLUMBUS

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Government type

presidential republic

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Capital

name: Bogota

geographic coordinates: 4 36 N, 74 05 W

time difference: UTC-5 (same time as Washington, DC, during Standard Time)

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Administrative divisions

32 departments (departamentos, singular - departamento) and 1 capital district* (distrito capital); Amazonas, Antioquia, Arauca, Atlantico, Bogota*, Bolivar, Boyaca, Caldas, Caqueta, Casanare, Cauca, Cesar, Choco, Cordoba, Cundinamarca, Guainia, Guaviare, Huila, La Guajira, Magdalena, Meta, Narino, Norte de Santander, Putumayo, Quindio, Risaralda, Archipielago de San Andres, Providencia y Santa Catalina (colloquially San Andres y Providencia), Santander, Sucre, Tolima, Valle del Cauca, Vaupes, Vichada

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Independence

20 July 1810 (from Spain)

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National holiday

Independence Day, 20 July (1810)

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Constitution

several previous; latest promulgated 5 July 1991; amended many times, last in 2015 (2016)

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Legal system

civil law system influenced by the Spanish and French civil codes

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International law organization participation

has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction

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Citizenship

citizenship by birth: no

citizenship by descent only: least one parent must be a citizen or permanent resident of Colombia

dual citizenship recognized: yes

residency requirement for naturalization: 5 years

-
Suffrage

18 years of age; universal

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Executive branch

chief of state: President Juan Manuel SANTOS Calderon (since 7 August 2010); Vice President Ret. Gen. Oscar Adolfo NARANJO Trujillo (since 30 March 2017); note - Vice President German VARGAS Lleras' resignation on 15 March 2017 became effective on 21 March 2017; the president is both chief of state and head of government

head of government: President Juan Manuel SANTOS Calderon (since 7 August 2010); Vice President Ret. Gen. Oscar Adolfo NARANJO Trujillo (since 30 March 2017)

cabinet: Cabinet appointed by the president

elections/appointments: president directly elected by absolute majority vote in 2 rounds if needed for a single 4-year term (beginning in 2018); election last held on 25 May 2014 with a runoff held on 15 June 2014 (next to be held on 27 May 2018); note - political reform in 2015 eliminated presidential reelection; beginning in 2018, presidents can serve only one 4-year term

election results: Juan Manuel SANTOS Calderon reelected president in second round; percent of vote - Juan Manuel SANTOS Calderon (U Party) 51.0%, Oscar Ivan ZULUAGA (CD) 45.0%, other 4.0%

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Legislative branch

description: bicameral Congress or Congreso consists of the Senate or Senado (102 seats; 100 members elected in a single nationwide constituency by party-list proportional representation popular vote and 2 members elected in a special nationwide for indigenous communities to serve 4-year terms) and the Chamber of Representatives or Camara de Representantes (166 seats; members elected in multi-seat constituencies by party-list proportional representation constituency popular vote to serve 4-year terms)

elections: Senate - last held on 11 March 2018 (next to be held in March 2022); Chamber of Representatives - last held on 11 March 2018 (next to be held in March 2022)

election results: Senate - percent of vote by party - NA; seats by party - CD 19, CR 16, PC 15, PL 14, U Party 14, Green Alliance 10, PDA 5, other 7; Chamber of Representatives - percent of vote by party - NA; seats by party - PL 35, CD 32, CR 30, U Party 25, PC 21, Green Alliance 9, other 6

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Judicial branch

highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (consists of the Civil-Agrarian and Labor Chambers each with 7 judges, and the Penal Chamber with 9 judges); Constitutional Court (consists of 9 magistrates); Council of State (consists of 31 members); Superior Judiciary Council (consists of 13 magistrates)

judge selection and term of office: Supreme Court judges appointed by the Supreme Court members from candidates submitted by the Superior Judiciary Council; judges elected for individual 8-year terms; Constitutional Court magistrates - nominated by the president, by the Supreme Court, and elected by the Senate; judges elected for individual 8-year terms; Council of State members appointed by the State Council plenary from lists nominated by the Superior Judiciary Council

subordinate courts: Superior Tribunals (appellate courts for each of the judicial districts); regional courts; civil municipal courts; Superior Military Tribunal; first instance administrative courts

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Political parties and leaders

Alternative Democratic Pole or PDA [Clara LOPEZ]

Citizens Option (Opcion Ciudadana) or OC [Angel ALIRIO Moreno] (formerly known as the National Integration Party or PIN)

Conservative Party or PC [David BARGUIL]

Democratic Center Party or CD [Alvaro URIBE Velez, Oscar Ivan ZULUAGA, Carlos HOLMES TRUJILLO, Ivan DUQUE]

Green Alliance [Jorge LONDONO, Antonio SANGUINO, Luis AVELLANEDA, Camilo ROMERO]

Liberal Party or PL [Horacio SERPA]

People's Alternative Revolutionary Force or FARC [Timoleon JIMENEZ]

Radical Change or CR [Carlos Fernando GALAN]

Social National Unity Party or U Party [Roy BARRERAS, Jose David NAME]

note: Colombia has numerous smaller movements

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Political pressure groups and leaders

Central Union of Workers or CUT

Colombian Confederation of Workers or CTC

General Confederation of Workers or CGT

National Liberation Army or ELN

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International organization participation

BCIE, BIS, CAN, Caricom (observer), CD, CDB, CELAC, EITI (candidate country), FAO, G-3, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance, PCA, UN, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

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Diplomatic representation in the US

chief of mission: Ambassador Camilo REYES Rodriguez (since 21 July 2017)

chancery: 2118 Leroy Place NW, Washington, DC 20008

telephone: [1] (202) 387-8338

FAX: [1] (202) 232-8643

consulate(s) general: Atlanta, Houston, Los Angeles, Miami, New York, Newark (NJ), Orlando, San Juan (Puerto Rico)

consulate(s): Boston, Chicago, San Francisco

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Diplomatic representation from the US

chief of mission: Ambassador Kevin WHITAKER (since 11 June 2014)

embassy: Calle 24 Bis No. 48-50, Bogota, D.C.

mailing address: Carrera 45 No. 24B-27, Bogota, D.C.

telephone: [57] (1) 275-2000

FAX: [57] (1) 275-4600

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Flag description

three horizontal bands of yellow (top, double-width), blue, and red; the flag retains the three main colors of the banner of Gran Colombia, the short-lived South American republic that broke up in 1830; various interpretations of the colors exist and include: yellow for the gold in Colombia's land, blue for the seas on its shores, and red for the blood spilled in attaining freedom; alternatively, the colors have been described as representing more elemental concepts such as sovereignty and justice (yellow), loyalty and vigilance (blue), and valor and generosity (red); or simply the principles of liberty, equality, and fraternity

note: similar to the flag of Ecuador, which is longer and bears the Ecuadorian coat of arms superimposed in the center

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National symbol(s)

Andean condor; national colors: yellow, blue, red

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National anthem

name: "Himno Nacional de la Republica de Colombia" (National Anthem of the Republic of Colombia)

lyrics/music: Rafael NUNEZ/Oreste SINDICI

note: adopted 1920; the anthem was created from an inspirational poem written by President Rafael NUNEZ

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Economy comparison between [Colombia] and [MXN]

Colombia MXN
Economy - overview

Colombia heavily depends on energy and mining exports, making it vulnerable to fluctuations in commodity prices. Colombia is Latin America’s fourth largest oil producer and the world’s fourth largest coal producer, third largest coffee exporter, and second largest cut flowers exporter. Colombia’s economic development is hampered by inadequate infrastructure, poverty, narcotrafficking, and an uncertain security situation, in addition to dependence on primary commodities.

Colombia’s economy slowed in 2017 because of falling global oil prices and lower oil production due to insurgent attacks on pipeline infrastructure. Although real GDP growth averaged 4.7% during the past decade, it fell to an estimated 1.8% in 2017. Declining oil prices also have contributed to reduced government revenues. In 2016, oil revenue dropped below 4% of the federal budget and likely remained below 4% in 2017. A Western credit rating agency in December 2017 downgraded Colombia’s sovereign credit rating to BBB-, because of weaker-than-expected growth and increasing external debt. Colombia has struggled to address local referendums against foreign investment, which have slowed its expansion, especially in the oil and mining sectors. Colombia’s FDI declined by 3% to $10.2 billion between January and September 2017.

Colombia has signed or is negotiating Free Trade Agreements (FTA) with more than a dozen countries; the US-Colombia FTA went into effect in May 2012. Colombia is a founding member of the Pacific Alliance—a regional trade block formed in 2012 by Chile, Colombia, Mexico, and Peru to promote regional trade and economic integration. The Colombian government took steps in 2017 to address several bilateral trade irritants with the US, including those on truck scrappage, distilled spirits, pharmaceuticals, ethanol imports, and labor rights. Colombia hopes to accede to the Organization for Economic Cooperation and Development.

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GDP (purchasing power parity)

$712.5 billion (2017 est.)

$700.6 billion (2016 est.)

$687.2 billion (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 32

-
GDP (official exchange rate)

$307.5 billion (2017 est.)

-
GDP - real growth rate

1.7% (2017 est.)

2% (2016 est.)

3.1% (2015 est.)

country comparison to the world: 164

-
GDP - per capita (PPP)

$14,500 (2017 est.)

$14,400 (2016 est.)

$14,300 (2015 est.)

note: data are in 2017 dollars

country comparison to the world: 112

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Gross national saving

21.7% of GDP (2017 est.)

21% of GDP (2016 est.)

20.3% of GDP (2015 est.)

country comparison to the world: 78

-
GDP - composition, by end use

household consumption: 62.1%

government consumption: 18.2%

investment in fixed capital: 24.8%

investment in inventories: 0.2%

exports of goods and services: 14.2%

imports of goods and services: -19.4% (2017 est.)

-
GDP - composition, by sector of origin

agriculture: 7.4%

industry: 31.3%

services: 61.4% (2017 est.)

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Agriculture - products

coffee, cut flowers, bananas, rice, tobacco, corn, sugarcane, cocoa beans, oilseed, vegetables; shrimp; forest products

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Industries

textiles, food processing, oil, clothing and footwear, beverages, chemicals, cement; gold, coal, emeralds

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Industrial production growth rate

-2.5% (2017 est.)

country comparison to the world: 197

-
Labor force

24.67 million (2017 est.)

country comparison to the world: 27

-
Labor force - by occupation

agriculture: 17%

industry: 21%

services: 62% (2011 est.)

-
Unemployment rate

9.3% (2017 est.)

9.2% (2016 est.)

country comparison to the world: 129

-
Population below poverty line

27.8% (2017 est.)

-
Household income or consumption by percentage share

lowest 10%: 1.1%

highest 10%: 42.2% (2015 est.)

-
Distribution of family income - Gini index

53.5 (2015 est.)

56.9 (2014 est.)

country comparison to the world: 10

-
Budget

revenues: $85.14 billion

expenditures: $95.28 billion (2017 est.)

-
Taxes and other revenues

27.7% of GDP (2017 est.)

country comparison to the world: 99

-
Budget surplus (+) or deficit (-)

-3.3% of GDP (2017 est.)

country comparison to the world: 126

-
Public debt

53% of GDP (2017 est.)

52% of GDP (2016 est.)

note: data cover general government debt, and includes debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data include debt issued by subnational entities

country comparison to the world: 91

-
Fiscal year

calendar year

-
Inflation rate (consumer prices)

4.3% (2017 est.)

7.5% (2016 est.)

country comparison to the world: 163

-
Central bank discount rate

7.5% (12 December 2017 est.)

6.5% (31 December 2016 est.)

country comparison to the world: 44

-
Commercial bank prime lending rate

13.8% (31 December 2017 est.)

14.65% (31 December 2016 est.)

country comparison to the world: 55

-
Stock of narrow money

$36.63 billion (12 December 2017 est.)

$34.01 billion (31 December 2016 est.)

country comparison to the world: 58

-
Stock of broad money

$167.8 billion (31 December 2017 est.)

$136 billion (31 December 2016 est.)

country comparison to the world: 47

-
Stock of domestic credit

$162.5 billion (31 December 2017 est.)

$153.1 billion (31 December 2016 est.)

country comparison to the world: 50

-
Market value of publicly traded shares

$85.96 billion (31 December 2015 est.)

$146.7 billion (31 December 2014 est.)

$202.7 billion (31 December 2013 est.)

country comparison to the world: 42

-
Current account balance

$-11.7 billion (2017 est.)

$-12.24 billion (2016 est.)

country comparison to the world: 187

-
Exports

$36.79 billion (2017 est.)

$33.38 billion (2016 est.)

country comparison to the world: 57

-
Exports - commodities

petroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel

-
Exports - partners

US 33.5%, Panama 6.3% (2016)

-
Imports

$44.68 billion (2017 est.)

$43.24 billion (2016 est.)

country comparison to the world: 53

-
Imports - commodities

industrial equipment, transportation equipment, consumer goods, chemicals, paper products, fuels, electricity

-
Imports - partners

US 26.4%, China 19.1%, Mexico 7.5%, Brazil 4.7% (2016)

-
Reserves of foreign exchange and gold

$46.4 billion (30 October 2017 est.)

$46.18 billion (31 December 2016 est.)

country comparison to the world: 42

-
Debt - external

$120.4 billion (30 August 2017 est.)

$115 billion (31 December 2016 est.)

country comparison to the world: 47

-
Stock of direct foreign investment - at home

$178.4 billion (31 December 2017 est.)

$164.3 billion (31 December 2016 est.)

country comparison to the world: 32

-
Stock of direct foreign investment - abroad

$55.32 billion (31 December 2017 est.)

$51.82 billion (31 December 2016 est.)

country comparison to the world: 43

-
Exchange rates

Colombian pesos (COP) per US dollar -

2,957 (2017 est.)

3,055.3 (2016 est.)

3,055.3 (2015 est.)

2,001 (2014 est.)

2,001.1 (2013 est.)

-

Energy comparison between [Colombia] and [MXN]

Colombia MXN
Electricity access

population without electricity: 1,200,000

electrification - total population: 97%

electrification - urban areas: 100%

electrification - rural areas: 88% (2013)

-
Electricity - production

67.26 billion kWh (2017 est.)

country comparison to the world: 41

-
Electricity - consumption

57.6 billion kWh (2017 est.)

country comparison to the world: 45

-
Electricity - exports

460 million kWh (2015 est.)

country comparison to the world: 70

-
Electricity - imports

45 million kWh (2015 est.)

country comparison to the world: 105

-
Electricity - installed generating capacity

16.66 million kW (2017 est.)

country comparison to the world: 49

-
Electricity - from fossil fuels

29.4% of total installed capacity (2017 est.)

country comparison to the world: 186

-
Electricity - from nuclear fuels

0% of total installed capacity (2015 est.)

country comparison to the world: 70

-
Electricity - from hydroelectric plants

69% of total installed capacity (2017 est.)

country comparison to the world: 19

-
Electricity - from other renewable sources

1.6% of total installed capacity (2017 est.)

country comparison to the world: 130

-
Crude oil - production

886,000 bbl/day (2017 est.)

country comparison to the world: 22

-
Crude oil - exports

681,900 bbl/day (2015 est.)

country comparison to the world: 19

-
Crude oil - imports

0 bbl/day (2015 est.)

country comparison to the world: 111

-
Crude oil - proved reserves

2.002 billion bbl (1 January 2017 est.)

country comparison to the world: 37

-
Refined petroleum products - production

362,100 bbl/day (2014 est.)

country comparison to the world: 39

-
Refined petroleum products - consumption

345,000 bbl/day (2015 est.)

country comparison to the world: 40

-
Refined petroleum products - exports

83,920 bbl/day (2015 est.)

country comparison to the world: 44

-
Refined petroleum products - imports

95,790 bbl/day (2015 est.)

country comparison to the world: 59

-
Natural gas - production

11.91 billion cu m (2015 est.)

country comparison to the world: 39

-
Natural gas - consumption

18.82 billion cu m (2015 est.)

country comparison to the world: 44

-
Natural gas - exports

400 million cu m (2015 est.)

country comparison to the world: 45

-
Natural gas - imports

0 cu m (2013 est.)

country comparison to the world: 110

-
Natural gas - proved reserves

123.5 billion cu m (1 January 2017 est.)

country comparison to the world: 51

-
Carbon dioxide emissions from consumption of energy

74 million Mt (2017 est.)

country comparison to the world: 49

-

Communications comparison between [Colombia] and [MXN]

Colombia MXN
Telephones - fixed lines

total subscriptions: 7,115,984

subscriptions per 100 inhabitants: 15 (July 2016 est.)

country comparison to the world: 25

-
Telephones - mobile cellular

total: 58,684,924

subscriptions per 100 inhabitants: 123 (July 2016 est.)

country comparison to the world: 26

-
Telephone system

general assessment: modern system in many respects with a nationwide microwave radio relay system, a domestic satellite system with 41 earth stations, and a fiber-optic network linking 50 cities; multiple providers of both fixed-line and mobile-cellular services, but infrastructure remains poor in small urban centers and rural areas

domestic: fixed-line connections stand at about 15 per 100 persons; mobile cellular telephone subscribership is about 120 per 100 persons; competition among cellular service providers is resulting in falling local and international calling rates and contributing to the steep decline in the market share of fixed-line services

international: country code - 57; multiple submarine cable systems provide links to the US, parts of the Caribbean, and Central and South America; satellite earth stations - 10 (6 Intelsat, 1 Inmarsat, 3 fully digitalized international switching centers) (2016)

-
Broadcast media

combination of state-owned and privately owned broadcast media provide service; more than 500 radio stations and many national, regional, and local TV stations (2007)

-
Internet country code

.co

-
Internet users

total: 27,452,550

percent of population: 58.1% (July 2016 est.)

country comparison to the world: 29

-

Transportation comparison between [Colombia] and [MXN]

Colombia MXN
National air transport system

number of registered air carriers: 12

inventory of registered aircraft operated by air carriers: 157

annual passenger traffic on registered air carriers: 30,742,928

annual freight traffic on registered air carriers: 1,317,562,271 mt-km (2015)

-
Civil aircraft registration country code prefix

HJ, HK (2016)

-
Airports

836 (2013)

country comparison to the world: 8

-
Airports - with paved runways

total: 121

over 3,047 m: 2

2,438 to 3,047 m: 9

1,524 to 2,437 m: 39

914 to 1,523 m: 53

under 914 m: 18 (2017)

-
Airports - with unpaved runways

total: 715

over 3,047 m: 1

1,524 to 2,437 m: 25

914 to 1,523 m: 201

under 914 m: 488 (2013)

-
Heliports

3 (2013)

-
Pipelines

gas 4,991 km; oil 6,796 km; refined products 3,429 km (2013)

-
Railways

total: 2,141 km

standard gauge: 150 km 1.435-m gauge

narrow gauge: 1,991 km 0.914-m gauge (2015)

country comparison to the world: 73

-
Roadways

total: 206,500 km (2016)

country comparison to the world: 25

-
Waterways

24,725 km (18,300 km navigable; the most important waterway, the River Magdalena, of which 1,488 km is navigable, is dredged regularly to ensure safe passage of cargo vessels and container barges) (2012)

country comparison to the world: 6

-
Merchant marine

total: 103

by type: general cargo 17, oil tanker 9, other 77 (2017)

country comparison to the world: 84

-
Ports and terminals

major seaport(s): Atlantic Ocean (Caribbean) - Cartagena, Santa Marta, Turbo; Pacific Ocean - Buenaventura

river port(s): Barranquilla (Rio Magdalena)

oil terminal(s): Covenas offshore terminal

dry bulk cargo port(s): Puerto Bolivar (coal)

container port(s) (TEUs): Cartagena (1,853,342)

-

Military comparison between [Colombia] and [MXN]

Colombia MXN
Military expenditures

3.5% of GDP (2018 est.)

3.39% of GDP (2016)

3.13% of GDP (2015)

3.13% of GDP (2014)

3.29% of GDP (2013)

country comparison to the world: 22

-
Military branches

National Army (Ejercito Nacional), Republic of Colombia Navy (Armada Republica de Colombia, ARC, includes Naval Aviation, Naval Infantry (Infanteria de Marina, IM), and Coast Guard), Colombian Air Force (Fuerza Aerea de Colombia, FAC) (2012)

-
Military service age and obligation

18-24 years of age for compulsory and voluntary military service; service obligation is 18 months (2012)

-

Transnational comparison between [Colombia] and [MXN]

Colombia MXN
Disputes - international

in December 2007, ICJ allocated San Andres, Providencia, and Santa Catalina islands to Colombia under 1928 Treaty but did not rule on 82 degrees W meridian as maritime boundary with Nicaragua; managed dispute with Venezuela over maritime boundary and Venezuelan-administered Los Monjes Islands near the Gulf of Venezuela; Colombian-organized illegal narcotics, guerrilla, and paramilitary activities penetrate all neighboring borders and have caused Colombian citizens to flee mostly into neighboring countries; Colombia, Honduras, Nicaragua, Jamaica, and the US assert various claims to Bajo Nuevo and Serranilla Bank

-
Refugees and internally displaced persons

refugees (country of origin): 177,131 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2018)

IDPs: 7,708,465 (conflict between government and illegal armed groups and drug traffickers since 1985; about 300,000 new IDPs each year since 2000) (2018)

stateless persons: 11 (2016)

-
Illicit drugs

illicit producer of coca, opium poppy, and cannabis; world's leading coca cultivator with 188,000 hectares in coca cultivation in 2016, a 18% increase over 2015, producing a potential of 710 mt of pure cocaine; the world's largest producer of coca derivatives; supplies cocaine to nearly all of the US market and the great majority of other international drug markets; in 2016, the Colombian government reported manual eradication of 17,642 hectares; Colombia suspended aerial eradication in October 2015 making 2016 the first full year without aerial eradication; a significant portion of narcotics proceeds are either laundered or invested in Colombia through the black market peso exchange; Colombia probably remains the second largest supplier of heroin to the US market; opium poppy cultivation was estimated to be 1,100 hectares in 2015, sufficient to potentially produce three metric tons of pure heroin

-

COP to MXN Historical Rates

year by month

All COP Exchange Rates Now

Exchange Rate Exchange Rate Exchange Rate
COP to AED rate 0.00083 COP to ALL rate 0.02302 COP to ANG rate 0.00041
COP to ARS rate 0.0547 COP to AUD rate 0.00034 COP to AWG rate 0.00041
COP to BBD rate 0.00045 COP to BDT rate 0.02434 COP to BGN rate 0.00041
COP to BHD rate 9.0E-5 COP to BIF rate 0.64093 COP to BMD rate 0.00023
COP to BND rate 0.00031 COP to BOB rate 0.00157 COP to BRL rate 0.00112
COP to BSD rate 0.00023 COP to BTN rate 0.01874 COP to BZD rate 0.00046
COP to CAD rate 0.0003 COP to CHF rate 0.00021 COP to CLP rate 0.18125
COP to CNY rate 0.00161 COP to CRC rate 0.12272 COP to CZK rate 0.005
COP to DKK rate 0.00158 COP to DOP rate 0.01245 COP to DZD rate 0.03094
COP to EGP rate 0.007 COP to ETB rate 0.01244 COP to EUR rate 0.00021
COP to FJD rate 0.00051 COP to GBP rate 0.00018 COP to GMD rate 0.01352
COP to GNF rate 1.95776 COP to GTQ rate 0.00178 COP to HKD rate 0.00178
COP to HNL rate 0.0056 COP to HRK rate 0.0016 COP to HTG rate 0.032
COP to HUF rate 0.07839 COP to IDR rate 3.38089 COP to ILS rate 0.00085
COP to INR rate 0.01869 COP to IQD rate 0.2981 COP to IRR rate 9.59688
COP to ISK rate 0.03197 COP to JMD rate 0.03522 COP to JOD rate 0.00016
COP to JPY rate 0.03175 COP to KES rate 0.0312 COP to KMF rate 0.10384
COP to KRW rate 0.29633 COP to KWD rate 7.0E-5 COP to KYD rate 0.00019
COP to KZT rate 0.10183 COP to LBP rate 3.41836 COP to LKR rate 0.0661
COP to LSL rate 0.00443 COP to MAD rate 0.00231 COP to MDL rate 0.00404
COP to MKD rate 0.01308 COP to MNT rate 0.79838 COP to MOP rate 0.00183
COP to MUR rate 0.01032 COP to MVR rate 0.00348 COP to MWK rate 0.23287
COP to MXN rate 0.00398 COP to MYR rate 0.00104 COP to NAD rate 0.00444
COP to NGN rate 0.10504 COP to NIO rate 0.00829 COP to NOK rate 0.0025
COP to NPR rate 0.02998 COP to NZD rate 0.00037 COP to OMR rate 9.0E-5
COP to PAB rate 0.00023 COP to PEN rate 0.00084 COP to PGK rate 0.00082
COP to PHP rate 0.01271 COP to PKR rate 0.06504 COP to PLN rate 0.00095
COP to PYG rate 1.64873 COP to QAR rate 0.00083 COP to RON rate 0.00105
COP to RUB rate 0.01833 COP to RWF rate 0.25688 COP to SAR rate 0.00085
COP to SBD rate 0.00189 COP to SCR rate 0.00318 COP to SEK rate 0.00245
COP to SGD rate 0.00031 COP to SLL rate 4.00778 COP to SVC rate 0.00199
COP to SZL rate 0.00443 COP to THB rate 0.00788 COP to TND rate 0.0007
COP to TOP rate 0.00054 COP to TRY rate 0.00476 COP to TTD rate 0.00154
COP to TWD rate 0.00696 COP to TZS rate 0.53724 COP to UAH rate 0.00841
COP to UGX rate 0.85176 COP to USD rate 0.00023 COP to UYU rate 0.00881
COP to VUV rate 0.02699 COP to WST rate 0.00062 COP to XAF rate 0.13891
COP to XCD rate 0.00061 COP to XOF rate 0.13891 COP to XPF rate 0.02527
COP to YER rate 0.0568 COP to ZAR rate 0.00443

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