Convert Colombian Peso to Brazilian Real
Convert Colombian Peso (COP) to Brazilian Real (BRL) using daily updated exchange rates.
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Exchange Rate
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About Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, with a history dating to 1837, making it one of the older continuously used currencies in Latin America. The Banco de la Republica issues the peso and manages monetary policy with an inflation-targeting framework. Colombia has the third largest economy in South America, with significant exports of oil, coal, coffee, flowers, and emeralds. The peso has experienced volatility due to its correlation with oil prices - Colombia is South America's third-largest oil producer.
About Brazilian Real
The Brazilian Real (BRL) was introduced on 1 July 1994 as a cornerstone of the Plano Real economic stabilisation programme, which successfully ended decades of hyperinflation that had reached over 2,000% annually. The name "real" means "royal" in Portuguese and also "real" as in genuine. The Banco Central do Brasil manages monetary policy. Brazil has the largest economy in Latin America and the ninth largest globally. The real is divided into 100 centavos. The BRL is one of the most important emerging market currencies and is heavily traded in global forex markets.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).