Convert Colombian Peso to Brazilian Real
Please provide values below to convert Colombian Peso [COP] to Brazilian Real [BRL], or Convert Brazilian Real to Colombian Peso.
How to Convert Colombian Peso to Brazilian Real
1 COP = 724.164684749416 BRL
Example: convert 15 COP to BRL:
15 COP = 15 × 724.164684749416 BRL = 10862.4702712412 BRL
Colombian Peso to Brazilian Real Conversion Table
| Colombian Peso | Brazilian Real |
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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.
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.