COP to CDF

COP - Colombian Peso ($)
CDF - Congolese Franc (FC)
1 COP1 CDF

Currency conversion rates from COP to CDF

COPCDF
1 COP1 CDF
5 COP5 CDF
10 COP10 CDF
20 COP20 CDF
50 COP50 CDF
100 COP100 CDF
250 COP250 CDF
500 COP500 CDF
1000 COP1000 CDF
2000 COP2000 CDF
5000 COP5000 CDF
10000 COP10000 CDF
CDFCOP
1 CDF1 COP
5 CDF5 COP
10 CDF10 COP
20 CDF20 COP
50 CDF50 COP
100 CDF100 COP
250 CDF250 COP
500 CDF500 COP
1000 CDF1000 COP
2000 CDF2000 COP
5000 CDF5000 COP
10000 CDF10000 COP

CDF - Congolese Franc (CDF)

Congolese Franc

The official currency of the Democratic Republic of Congo is the Congolese Franc (CDF). The symbol for the Franc is FC. The Franc is subdivided into 100 centimes. There were two editions of the Franc; the second edition is the new Congolese Franc.

The Franc Congolais is the currency in Congo (CD, COD). The Franc Congolais is divided into 100 centimes. The exchange rate for the Franc Congolais was last updated on May 24, 2019 from Yahoo Finance. The CDF conversion factor has 5 significant digits.

Economy

  • The Democratic Republic of Congo has a vast amount of mineral and other natural resources. The estimated value of the untapped raw material is +/- 24 trillion USD.
  • Agriculture accounts for 57% of the GDP. Products of the agriculture industry are rubber, tea, cotton, sugar, palm oil, and coffee.
  • The Congo relies on the mining industry.
  • The main industries are consumer products, mining, cement, and commercial ship repair.
  • Export products are crude oil, wood products, coffee, copper, gold, diamonds, and cobalt.
  • Import products are transportation equipment, mining and other machinery, and food.
  • There is a lot of economy activity in the informal sectors that is not included in the GDP.
  • The first and second wars that took place in the 1960s negatively impacted the economy.
  • The government is establishing economic zones to help get the industrial sector started.

History

  • The first Franc was introduced in 1887. It had the same value as the Belgian Franc.
  • In 1916, the Congolese Franc also circulated in the countries of Burundi and Rwanda; however, they later issued their own Franc.
  • In 1967, Congo declared independence and the Franc was replaced with the Zaire at 1,000 Francs = 1 Zaire.
  • In 1997, the Franc was re-introduced and the Zaire was eliminated. The exchange rate was 100,000 new Zaires = 1 Franc.
  • In 2010, the Central Bank printed commemorative notes to celebrate the 50th anniversary of the country’s independence from Belgium.

More information about CDF - Congolese Franc (CDF)


COP - Colombian Peso ($)

The Colombian peso is the official currency of Colombia. It is most commonly exchanged with the US dollar (USD). The currency code for the peso is COP. The peso’s official symbol is $. For clarity, the currency code is sometimes abbreviated as COL$. Peso means ‘weight’ or ‘pound’ in Spanish, after the British pound. Colombians may refer to the peso colloquially as ‘plata’, meaning silver; ‘billete’, meaning ticket; ‘biyuyo’; ‘lucas’; or ‘marmaja’.

The Colombian Peso (COP) has been the official currency of Colombia since 1837. The symbol used for the Peso is $. Banknotes are issued by the Banco de la Republica. A subdivision of the Peso is the centavo; 1 peso = 100 centavos.

The Colombian Peso is the currency in Colombia (Columbia, CO, COL). The symbol for COP can be written Col$. The Colombian Peso is divided into 100 centavos. The exchange rate for the Colombian Peso was last updated on Today from The International Monetary Fund. The COP conversion factor has 6 significant digits.

Economy

  • Colombia has a free-market economy.
  • The country exports petroleum, cut flowers, nickel, coal, emeralds, bananas, and coffee.
  • The main import products are consumer goods, fuel, paper, chemicals, coffee, and apparel.
  • The unemployment rate is 11.2%.
  • Colombia has been showing positive growth over the last three years.
  • The service industry accounts for 52.7% of the total GDP.

History

  • The first was Peso was issued in 1837, replacing the Real at a rate of 8 Reales = 1 Peso.
  • In 1847, the currency was decimalized and 1 Peso = 10 Reales.
  • In 1871, Colombia became part of the gold standard and the country pegged the peso to the French Franc at 5 French Francs = 1 Peso.
  • After 1888, the Peso started to depreciate, due to increased printing costs.
  • From 1907 to 1914 Peso coins were issued at a fixed rate of 1 coinage Peso = 100 Pesos Moneda Corriente.
  • In 1915, the new Peso Oro paper currency was introduced replacing old paper Pesos, also at the rate of 1 Peso Oro = 100 old Pesos.
  • In 1931, Colombia changed its peg to the US Dollar at 1 USD = 1.05 Pesos.
  • In 1993, the word Oro was removed and the currency is now known as the Peso.
  • The Colombian government is debating whether to reintroduce a new Peso that is worth 1,000 old Pesos.

More information about COP - Colombian Peso ($)