Convert Brazilian Real to Colombian Peso
Please provide values below to convert Brazilian Real [BRL] to Colombian Peso [COP], or Convert Colombian Peso to Brazilian Real.
How to Convert Brazilian Real to Colombian Peso
1 BRL = 0.00138090136271424 COP
Example: convert 15 BRL to COP:
15 BRL = 15 × 0.00138090136271424 COP = 0.0207135204407137 COP
Brazilian Real to Colombian Peso Conversion Table
Brazilian Real | Colombian Peso |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.