Convert South African Rand to Colombian Peso
Convert South African Rand (ZAR) to Colombian Peso (COP) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About South African Rand
The South African Rand (ZAR) is the official currency of South Africa, taking its name from the Witwatersrand (White Waters Ridge), the major gold reef that underpins the Johannesburg metropolitan area and made South Africa the world's leading gold producer for much of the 20th century. Introduced in 1961 when South Africa became a republic, the rand replaced the South African pound. The South African Reserve Bank (SARB) manages monetary policy with a floating exchange rate.
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.
Quick Reference Table
| South African Rand (ZAR) | Colombian Peso (COP) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).