The peso is the currency of the Republic of Colombia. Its ISO 4217 code is COP and it is also informally abbreviated as COL$. The peso symbol is $. Image File history File links COLPES20000. ... Centavo is a Spanish word derived from the Latin Centum meaning hundred. It is a fractional monetary unit, used to represent one hundredth of a basic monetary unit in many countries around the world including: Argentina Bolivia Brazil Cape Verde Chile Colombia Dominican Republic Ecuador El Salvador Guatemala Guinea-Bissau... Headquarters Bogotá, Colombia General Manager José Darío Uribe Central Bank of Colombia Currency Colombian peso ISO 4217 Code COP Website banrep. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

History

The peso has been the currency of Colombia since 1837. It was introduced at a value of 8 reales. In 1847, Colombia decimalized and the peso was subdivided into ten reales, renamed decimos in 1853. The current system of 100 centavos to the peso was introduced in 1872. The real was the currency of Colombia until 1837. ...

From 1888, printing press inflation caused Colombia's paper money (issued by the National Bank and denominated in peso moneda corriente) to fall in value relative to the coinage. In 1904, the Treasury took over the issuance of paper money. The exchange rate was fixed at 100 peso moneda corriente = 1 coinage peso in 1907 and between then and 1914, coins were issued denominated in "peso p/m", equal to paper pesos. In 1910, the Junta de Conversion began issuing paper money and, in 1915, a new paper currency was introduced, the peso oro.This was equal to the coinage peso and replaced the old peso notes at a rate of 100 old paper pesos = 1 peso oro. Although it never appeared on coins, Colombia's paper money continued to be issued denominated in peso oro until 1993 when the word oro was dropped. Since 2001, the Colombian senate has debated whether to eliminate three zeros to the Colombian peso. Instead of being payed 435,000 pesos per month it will be 435 new pesos.

Coins

All the coins have in the lower part of the reverse the year of production. The coins that are currently used are^[1]:

Currently Circulating Coins
Image		Value	Technical parameters				Description
Reverse	Obverse		Diameter	Thickness	Mass	Composition	Obverse	Reverse
		$20	17.2 mm	1.15 mm	2 g	70% copper 30%zinc	Simón Bolívar	Value
		$50	21 mm	1.3 mm			Coat of arms of Colombia borded with the words República de Colombia	Value
		$100	23 mm	1.55 mm	5.31 g	Aluminium bronze 92% copper 6% aluminium 2% nickel	Coat of arms of Colombia borded with the words República de Colombia	Value
		$200	24.4 mm	1.7 mm	7.08 g	65% copper 20% zinc 15% nickel	Quimbaya figurine	Value
		$500	23.5 mm	2 mm	7.43 g	Halo: 92% copper 6% aluminium 2% nickel Nucleus: 65% copper 20% zinc 15% nickel	El arbol de Guacari Guacari's tree, in recognition of the efforts by the people of Guacari, Valle del Cauca to preserve the environment and protect the ecology	Value

A $1000 coin was created in November 1996, but due to massive counterfeiting problems was withdrawn by stages. By 2002 the coin was out of circulation. Image File history File links No higher resolution available. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ... General Name, Symbol, Number zinc, Zn, 30 Chemical series transition metals Group, Period, Block 12, 4, d Appearance bluish pale gray Standard atomic weight 65. ... This article does not cite its references or sources. ... Image File history File links No higher resolution available. ... The Coat of Arms of Colombia contains a shield with numerous symbols. ... The Republic of Colombia is a country in north-western South America. ... Image File history File links No higher resolution available. ... Aluminium bronze is a type of bronze in which aluminium is the main alloying metal added to copper. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ... General Name, Symbol, Number aluminium, Al, 13 Chemical series poor metals Group, Period, Block 13, 3, p Appearance silvery Standard atomic weight 26. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic and silvery with a gold tinge Standard atomic weight 58. ... The Coat of Arms of Colombia contains a shield with numerous symbols. ... The Republic of Colombia is a country in north-western South America. ... Image File history File links No higher resolution available. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ... General Name, Symbol, Number zinc, Zn, 30 Chemical series transition metals Group, Period, Block 12, 4, d Appearance bluish pale gray Standard atomic weight 65. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic and silvery with a gold tinge Standard atomic weight 58. ... Quimbaya is a Pre-Columbian term. ... Image File history File links No higher resolution available. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ... General Name, Symbol, Number aluminium, Al, 13 Chemical series poor metals Group, Period, Block 13, 3, p Appearance silvery Standard atomic weight 26. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic and silvery with a gold tinge Standard atomic weight 58. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11, 4, d Appearance metallic pinkish red Standard atomic weight 63. ... General Name, Symbol, Number zinc, Zn, 30 Chemical series transition metals Group, Period, Block 12, 4, d Appearance bluish pale gray Standard atomic weight 65. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10, 4, d Appearance lustrous, metallic and silvery with a gold tinge Standard atomic weight 58. ... Valle del Cauca is a department of Colombia. ...

Banknotes

On November 17, 2006, the 1000 and 2000 banknotes were redesigned to a smaller size by the central bank (from 70x140 to 65x130 mm), due to the fact that these bills must be replaced constantly. 17 November is also the name of a Marxist group in Greece, coinciding with the anniversary of the Athens Polytechnic uprising. ... For the Manfred Mann album, see 2006 (album). ...

Currently Circulating Banknotes
Image		Value	Dimensions	Description
Obverse	Reverse			Obverse	Reverse
		$1000	140 × 70 mm 130 × 65 mm	Jorge Eliécer Gaitán	Jorge Eliécer Gaitán (body until the chest) and a crowd
		$2000		Francisco de Paula Santander	The door of the Casa de la moneda
		$5000		Jose Asuncion Silva	Outdoors and a fragment of the poem Nocturnal
		$10000		Policarpa Salavarrieta	Guaduas main plaza, place of birth of Policarpa Salavarrieta
		$20000		Julio Garavito Armero	The Moon, a reference to the Garavito Crater
		$50000		Jorge Isaacs	A paragraph of La María

Image File history File links Size of this preview: 800 × 400 pixelsFull resolution (1497 × 749 pixel, file size: 1. ... Image File history File links Size of this preview: 800 × 408 pixelsFull resolution (1482 × 756 pixel, file size: 1. ... Jorge Eliécer Gaitán (January 23, 1903 - April 9, 1948) was a politician, a leader of a populist movement in Colombia, a former Education Minister (1940) and Labor Minister (1943-1944), mayor of Bogotá (1936) and chief of the Colombian Liberal Party (1947-1948). ... Jorge Eliécer Gaitán (January 23, 1903 - April 9, 1948) was a politician, a leader of a populist movement in Colombia, a former Education Minister (1940) and Labor Minister (1943-1944), mayor of Bogotá (1936) and chief of the Colombian Liberal Party (1947-1948). ... Image File history File links Size of this preview: 800 × 402 pixelsFull resolution (1501 × 754 pixel, file size: 1. ... Image File history File links Size of this preview: 800 × 407 pixelsFull resolution (1491 × 759 pixel, file size: 944 KB, MIME type: image/jpeg) billete de 2000 COP, reverso File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Francisco de Paula Santander (April 2, 1792 - May 6, 1840), was one of the military and political leaders during Colombias (then known as New Granada) independence struggle (1810-1819). ... The Colombian Mint House (Spanish for Casa de La Moneda) is a Colombian museum of mints based in the city of Bogotá, Cudinamarca. ... Image File history File links Size of this preview: 800 × 393 pixelsFull resolution (1633 × 803 pixel, file size: 1. ... Image File history File links Size of this preview: 800 × 418 pixelsFull resolution (1546 × 808 pixel, file size: 1. ... The Hands of Jose Asuncion Silva by Santiago Martinez Delgado relative of the poet. ... Image File history File links Size of this preview: 800 × 391 pixelsFull resolution (1094 × 535 pixel, file size: 155 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Size of this preview: 800 × 387 pixelsFull resolution (1096 × 530 pixel, file size: 134 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Policarpa Salavarrieta (1795—November 14, 1817) also known as La Pola, was a Colombian seamstress, who worked for the Independence of Colombia as a spy for the Revolutionary Forces, during the period known as the Reconquista, a time when Spain tried to gain control of its rebel colonies in South... Guaduas is a municipality in Colombia, located approximately 105 km from Bogotá. It has a touristic and an agricultural zone. ... Image File history File links Size of this preview: 800 × 393 pixelsFull resolution (1089 × 535 pixel, file size: 158 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Size of this preview: 800 × 400 pixelsFull resolution (1086 × 543 pixel, file size: 159 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Julio Garavito Armero (January 5, 1865 – March 11, 1920) was a Colombian astronomer. ... Apparent magnitude: up to -12. ... Garavito is a lunar crater that is located in the southern hemisphere on the Moons far side. ... Image File history File links Size of this preview: 800 × 399 pixelsFull resolution (1633 × 815 pixel, file size: 1. ... Image File history File links Size of this preview: 800 × 403 pixelsFull resolution (1631 × 821 pixel, file size: 1. ... A portrait of Jorge Isaacs. ... María is a novel written by Colombian writer Jorge Isaacs between 1864 and 1867. ...

See also

• Economy of Colombia

Colombia is a free market economy with major commercial and investment ties to the United States. ...

References

2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... May 21 is the 141st day of the year (142nd in leap years) in the Gregorian calendar. ...

External links

• Don's World Coin Gallery - Colombia
• Ron Wise's World Paper Money - Colombia ^{Mirror site}
• The Global History of Currencies - Colombia
• Global Financial Data data series - Colombia Peso
• Global Financial Data currency histories table ( Microsoft Excel format)
• (Spanish) Bills and Coins