Convert Mexican Peso to Colombian Peso
MXN to COP Exchange Rate Calculator
Convert Mexican Peso (MXN) to Colombian Peso (COP) 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.
MXN/COP Price History
Interactive MXN/COP exchange rate chart with 7-day, 30-day, and 90-day views.
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
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.
Frequently Asked Questions
Why is MXN more volatile than most G10 currencies?
MXN 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 MXN/COP?
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 MXN/COP the most?
The biggest scheduled catalysts are Banxico decisions and US-Mexico trade headlines and central bank rate decisions and inflation prints. 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 MXN to COP at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market MXN/COP 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 MXN/COP rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market MXN/COP 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.
Related Conversions
More on MXN and COP
Country money guides, key terms, rate history, and articles related to MXN/COP.
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Mid-Market RateThe mid-market rate is the midpoint between the buy (bid) and sell (ask) price of a curren…
Rate history
- USD/MXN historyUSD/MXN is the world's most-traded emerging-market currency pair, dominated by the US-Mexico economic relationship — over 80% of Mexican exports go to the US under USMCA
- USD/COP historyUSD/COP is the second-most-traded Latin American currency pair after USD/MXN, reflecting Colombia's position as the region's third-largest economy
Articles
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- Dollar Dying: USD Hits Lowest Reserve Share Since 1995The dollar's reserve share fell to 56.32% — lowest since 1995. China slashed Treasuries by 47%, BRICS settle 99% in local currencies, gold soaring.
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Background on Mexican Peso, Colombian Peso, and the forces that move MXN/COP.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers