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COP to EUR - Colombian Peso to Euro Converter

Convert Colombian Peso to Euro with daily ECB exchange rates

1 COP = ~0.000229 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

COP to EUR quick estimate is influenced by commodity trends and regional risk sentiment. For rough guesses, COP 1,000,000 is usually around €230-€300.

Track central bank signals and set rate alerts for large transfers

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common COP - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Active
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include Colombian inflation and monetary policy by the Bank of the Republic, European inflation and ECB policy, commodity prices (oil and coffee), trade balances, and global risk sentiment that moves capital flows.

Economic Context

Trading Relationship

Colombia's trade with Europe includes agricultural and manufactured goods, with EUR pricing affecting import bills and export receipts. Exchange-rate movements influence margins in coffee, flowers, and light manufacturing.

Key Rate Factors

  • •BanRep monetary policy and inflation targets
  • •European Central Bank policy and euro-area inflation
  • •Colombia-EU trade balance and tariff regimes
  • •Oil and coffee price cycles impacting Colombia's current account
  • •Global risk sentiment and safe-haven flows into EUR

Central Banks

Banco de la República
Bogotá, Colombia
Defines monetary policy for Colombia, targets inflation, and maintains financial stability through liquidity management.
European Central Bank
Frankfurt, Germany
Sets euro-area monetary policy, controls interest rates, and aims to maintain price stability across the eurozone.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates