Convert Colombian Peso to Mexican Peso
COP to MXN Exchange Rate Calculator
Convert Colombian Peso (COP) to Mexican Peso (MXN) at the live mid-market exchange rate, refreshed every hour from Frankfurter (European Central Bank reference data). Enter any amount below for an instant conversion — free, no sign-up required.
COP/MXN Price History
Interactive COP/MXN exchange rate chart with 7-day, 30-day, and 90-day views.
About Colombian Peso (COP)
The Colombian Peso (COP) is the official currency used for trade and commerce. Its value against other currencies fluctuates based on market conditions.
About Mexican Peso (MXN)
The Mexican Peso (MXN) is the official currency of Mexico and the most-traded currency in Latin America. Nicknamed "the Mex" among FX traders, MXN benefits from high real yields and deep onshore liquidity, making it a perennial favourite in emerging-market carry trade strategies.
- •Most-traded emerging-market currency in the Americas
- •Banxico (Bank of Mexico) targets 3% CPI inflation (±1%)
- •Remittances from the US to Mexico exceeded $63 billion in 2024
- •USMCA (formerly NAFTA) links Mexico deeply to US trade
- •The "$" symbol originated with the Spanish peso before being adopted by the US Dollar
Frequently Asked Questions
Why is COP more volatile than most G10 currencies?
COP is an emerging-market currency, which means it is more sensitive to global risk appetite, commodity cycles, and US Dollar strength. Daily ranges of 1–3% are common during risk-off episodes, compared to 0.5–1% for major G10 pairs.
What is a typical daily range for COP/MXN?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move COP/MXN the most?
The biggest scheduled catalysts are central bank rate decisions and inflation prints and Banxico decisions and US-Mexico trade headlines. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert COP to MXN at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market COP/MXN than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the COP/MXN rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market COP/MXN rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Background on Colombian Peso, Mexican Peso, and the forces that move COP/MXN.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers