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Paybswap to Colombian Peso Converter and calculator

Convert 1Paybswap (PAYB) to Colombian Peso (COP) equals $ 0.9543 | Bitget
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Last updated 2024/12/27 19:30:27 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Paybswap(PAYB) to Colombian Peso(COP). This is the real-time data. The current conversion shows 1 PAYB at a value of 1 PAYB for 0.95 COP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

COP information

About the Colombian Peso (COP)

What Is the Colombian Peso (COP)?

The Colombian Peso (COP), symbolized as $ and sometimes referred to as COL$, is the official currency of Colombia. It's divided into 100 centavos, although the smallest denomination commonly used is the 50 pesos coin due to the low value of the currency. The Colombian Peso is the sole legal tender in Colombia, and it is used for all transactions within the country.

The Colombian Peso (COP) is issued by the central bank of Colombia, known as "Banco de la República." This institution is responsible for regulating and maintaining the stability of the Colombian currency, as well as implementing the country's monetary policy.

What Is the History of COP?

The Colombian Peso was introduced in 1810, replacing the Spanish real, which was the currency during the colonial era. Initially, the peso was pegged to the real at a rate of 8 reals to 1 peso. In 1837, Colombia decimalized its currency, and the peso was subdivided into ten reales, each of 10 décimos de reales, later centavos. In the early 20th century, the peso was pegged to the British pound sterling but shifted its peg to the US dollar in 1931 when the UK abandoned the gold standard. The peg to USD lasted until 1949, influenced by Colombia's inflation.

Notes and Coins of COP

Colombian Peso (COP) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 50, 100, 200, 500, and 1,000 pesos. Colombian banknotes are issued in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, and 100,000 pesos. Notably, the 50,000 peso banknote features vertical imagery, a unique aspect compared to other global currencies.

Is COP Pegged to USD?

The Colombian Peso (COP) is not pegged to the United States Dollar (USD). Instead, it operates under a floating exchange rate system. In a floating exchange rate system, the value of the currency is determined by market forces, such as supply and demand in the foreign exchange market.

Historically, the Colombian Peso was pegged to the USD. This peg was established in 1931 when Colombia shifted from the gold standard and pegged its currency to the USD at a rate of 1.05 pesos to 1 dollar. However, this peg was abandoned in 1949 due to inflationary pressures in Colombia.

Is COP a Stable Currency?

The Colombian Peso (COP) exhibits characteristics of both stability and volatility, influenced by various economic factors. While Colombia has experienced periods of economic growth, with its GDP growth rate reaching nearly 7% in recent years, the COP has also faced fluctuations due to global market dynamics and internal economic challenges. For instance, the exchange rate of COP to USD has seen notable variations. In the early 2000s, the exchange rate hovered around 2,000 COP to 1 USD, but by the end of 2020, it had depreciated to approximately 3,500 COP to 1 USD. This depreciation reflects the impact of external factors like global oil prices and internal issues such as inflation and political uncertainty.

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Bitget crypto-to-fiat exchange data shows that the most popular Paybswap currency pair is the PAYB to COP, with for Paybswap's currency code being PAYB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for COP.

PAYB to COP conversion rate trend

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Live Paybswap (PAYB) price chart
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In the past 1D, Paybswap has changed +0.88% to COP. Based on the trend and price charts, Paybswap(PAYB) has changed +0.88% to COP while Colombian Peso(COP) has changed -0.87% to PAYB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$0.9449
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/27 16:31:47(UTC+0)

How to buy Paybswap

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Paybswap (PAYB)
Use a variety of payment options to buy Paybswap on Bitget. We'll show you how.

Buy PAYB (or USDT) for COP (Colombian Peso) offers

Bitget P2P trading does not currently support direct buying of PAYB with COP. However, you can buy USDT in Bitget P2P trading first, and then buy PAYB with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PAYB (or USDT) for COP (Colombian Peso) offers

Bitget P2P trading currently does not support direct selling of PAYB to COP. However, you can first exchange PAYB for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Paybswap to Colombian Peso?

Paybswap to Colombian Peso is falling this week.
Paybswap's current market price is $ 0.9543 per PAYB, with a total market cap of $ 147,091,978.4 COP based on a circulating supply of 154,142,640 PAYB. The trading volume of Paybswap has changed by +0.55% ($ 5,570.46 COP) in the last 24 hours. Last trading day, PAYB's trading volume was $ 1,019,296.65.
Market cap
$33.44K
24h volume
$233.00656619
Circulating supply
154.14M PAYB

Conversion tables

The exchange rate of Paybswap is decreasing.
1 PAYB is currently valued at $ 0.9543 COP , which means buying 5 PAYB will cost $ 4.77 COP . Similarly, $1 COP can be traded for 1.05 PAYB, and $50 COP can be converted to 52.4 PAYB, excluding any platform or gas fees.
The exchange rate of 1 PAYB to Colombian Peso has changed by -3.42% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.88%, reaching a high of 0.9766 COP and a low of 0.9424 COP . One month ago, the value of 1 PAYB was $ 1.03 COP , which represents a -7.54% change from its current value. Over the last year, Paybswap has changed by
+$
0.7290COP
, resulting in a change of +323.23% in its value.

PAYB to COP

Amount
19:30 today
0.5 PAYB
$0.4771
1 PAYB
$0.9543
5 PAYB
$4.77
10 PAYB
$9.54
50 PAYB
$47.71
100 PAYB
$95.43
500 PAYB
$477.13
1000 PAYB
$954.26

COP to PAYB

Amount19:30 today
0.5COP0.5240  PAYB
1COP1.05  PAYB
5COP5.24  PAYB
10COP10.48  PAYB
50COP52.4  PAYB
100COP104.79  PAYB
500COP523.97  PAYB
1000COP1,047.93  PAYB

Today vs. 24 hours ago

Amount19:30 today24 hours ago24h change
0.5 PAYB$0.0001085$0.0001075
+0.88%
1 PAYB$0.0002170$0.0002151
+0.88%
5 PAYB$0.001085$0.001075
+0.88%
10 PAYB$0.002170$0.002151
+0.88%
50 PAYB$0.01085$0.01075
+0.88%
100 PAYB$0.02170$0.02151
+0.88%
500 PAYB$0.1085$0.1075
+0.88%
1000 PAYB$0.2170$0.2151
+0.88%

Today vs. 1 month ago

Amount19:30 today1 month ago1M change
0.5 PAYB$0.0001085$0.0001173
-7.54%
1 PAYB$0.0002170$0.0002347
-7.54%
5 PAYB$0.001085$0.001173
-7.54%
10 PAYB$0.002170$0.002347
-7.54%
50 PAYB$0.01085$0.01173
-7.54%
100 PAYB$0.02170$0.02347
-7.54%
500 PAYB$0.1085$0.1173
-7.54%
1000 PAYB$0.2170$0.2347
-7.54%

Today vs. 1 year ago

Amount19:30 today1 year ago1Y change
0.5 PAYB$0.0001085$0.{4}2561
+323.23%
1 PAYB$0.0002170$0.{4}5121
+323.23%
5 PAYB$0.001085$0.0002561
+323.23%
10 PAYB$0.002170$0.0005121
+323.23%
50 PAYB$0.01085$0.002561
+323.23%
100 PAYB$0.02170$0.005121
+323.23%
500 PAYB$0.1085$0.02561
+323.23%
1000 PAYB$0.2170$0.05121
+323.23%

Paybswap price prediction

What will the price of PAYB be in 2025?

Based on PAYB's historical price performance prediction model, the price of PAYB is projected to reach $0.0002589 in 2025.

What will the price of PAYB be in 2030?

In 2030, the PAYB price is expected to change by +3.00%. By the end of 2030, the PAYB price is projected to reach $0.0003954, with a cumulative ROI of +75.11%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.