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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.48%
BTC/USDT$79697.46 (-3.90%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.48%
BTC/USDT$79697.46 (-3.90%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
MON
COP
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of MON(MON) to Colombian Peso(COP). This is the real-time data. The current conversion shows 1 MON at a value of 1 MON for 107.06 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.
Bitget crypto-to-fiat exchange data shows that the most popular MON currency pair is the MON to COP, with for MON's currency code being MON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for COP.
MON to COP conversion rate trend
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In the past 1D, MON has changed -4.54% to COP. Based on the trend and price charts, MON(MON) has changed -4.54% to COP while Colombian Peso(COP) has changed % to MON in the last 24 hours.
MON to COP market statistics
MON/COP:
$ 107.06
MON 24h volume:
$ 7,944,031,875.07
MON market cap:
$ 51,449,901,826.6
MON circulating supply:
480.57M MON
More info about MON on Bitget
Current MON to COP exchange rate
MON to Colombian Peso is falling this week.MON's current market price is $ 107.06 per MON, with a total market cap of $ 51,449,901,826.6 COP based on a circulating supply of 480,568,160 MON. The trading volume of MON has changed by +8.81% ($ 643,525,073.54 COP) in the last 24 hours. Last trading day, MON's trading volume was $ 7,300,506,801.53.
MON to COP Conversion tables
The exchange rate of MON is decreasing.1 MON is currently valued at $ 107.06 COP , which means buying 5 MON will cost $ 535.3 COP . Similarly, $1 COP can be traded for 0.009341 MON, and $50 COP can be converted to 0.4670 MON, excluding any platform or gas fees.
The exchange rate of 1 MON to Colombian Peso has changed by -9.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.54%, reaching a high of 116.54 COP and a low of 103.6 COP . One month ago, the value of 1 MON was $ 109.75 COP , which represents a -2.45% change from its current value. Over the last year, MON has changed by , resulting in a change of -96.18% in its value.
-$
2,692.06COPMON to COP
Amount
19:41 today
0.5 MON
$53.53
1 MON
$107.06
5 MON
$535.3
10 MON
$1,070.61
50 MON
$5,353.03
100 MON
$10,706.06
500 MON
$53,530.28
1000 MON
$107,060.57
COP to MON
Amount19:41 today
0.5COP0.004670 MON
1COP0.009341 MON
5COP0.04670 MON
10COP0.09341 MON
50COP0.4670 MON
100COP0.9341 MON
500COP4.67 MON
1000COP9.34 MON
MON to COP Today vs. 24 hours ago
| Amount | 19:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MON | $53.53 | $56.07 | -4.54% |
| 1 MON | $107.06 | $112.15 | -4.54% |
| 5 MON | $535.3 | $560.75 | -4.54% |
| 10 MON | $1,070.61 | $1,121.49 | -4.54% |
| 50 MON | $5,353.03 | $5,607.47 | -4.54% |
| 100 MON | $10,706.06 | $11,214.93 | -4.54% |
| 500 MON | $53,530.28 | $56,074.66 | -4.54% |
| 1000 MON | $107,060.57 | $112,149.33 | -4.54% |
MON to COP Today vs. 1 month ago
| Amount | 19:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MON | $53.53 | $54.88 | -2.45% |
| 1 MON | $107.06 | $109.75 | -2.45% |
| 5 MON | $535.3 | $548.76 | -2.45% |
| 10 MON | $1,070.61 | $1,097.51 | -2.45% |
| 50 MON | $5,353.03 | $5,487.56 | -2.45% |
| 100 MON | $10,706.06 | $10,975.12 | -2.45% |
| 500 MON | $53,530.28 | $54,875.61 | -2.45% |
| 1000 MON | $107,060.57 | $109,751.23 | -2.45% |
MON to COP Today vs. 1 year ago
| Amount | 19:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MON | $53.53 | $1,399.56 | -96.18% |
| 1 MON | $107.06 | $2,799.12 | -96.18% |
| 5 MON | $535.3 | $13,995.62 | -96.18% |
| 10 MON | $1,070.61 | $27,991.24 | -96.18% |
| 50 MON | $5,353.03 | $139,956.22 | -96.18% |
| 100 MON | $10,706.06 | $279,912.44 | -96.18% |
| 500 MON | $53,530.28 | $1,399,562.2 | -96.18% |
| 1000 MON | $107,060.57 | $2,799,124.4 | -96.18% |
How to convert MON to COP
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Convert MON to COP
Use a variety of payment options to buy MON on Bitget. We'll show you how.
Learn MoreBuy MON (or USDT) for COP (Colombian Peso) offers
Bitget P2P trading does not currently support direct buying of MON with COP. However, you can buy USDT in Bitget P2P trading first, and then buy MON with USDT via Bitget spot market.
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Sell MON (or USDT) for COP (Colombian Peso) offers
Bitget P2P trading currently does not support direct selling of MON to COP. However, you can first exchange MON for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of MON to COP?
There are many factors that affect the relationship between MON and Colombian Peso, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MON/COP. When there is positive news in the market about the widespread adoption of MON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MON/COP. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MON/COP.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MON/COP. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of MON and adjust their investment strategies accordingly in the evolving market.
MON price prediction
What will the price of MON be in 2026?
Based on MON's historical price performance prediction model, the price of MON is projected to reach $0.03045 in 2026.
What will the price of MON be in 2031?
In 2031, the MON price is expected to change by +31.00%. By the end of 2031, the MON price is projected to reach $0.06039, with a cumulative ROI of +132.92%.
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Popular MON Converter
Check out these popular currency conversions of MON to several fiat currencies.
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1 MON to NT$ 0.8497 TWD
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1 MON to ¥ 0.1865 CNY
MON to COP
1 MON to $ 107.06 COP
MON to USD
1 MON to $ 0.02560 USD
MON to EUR
1 MON to € 0.02336 EUR
MON to CAD
1 MON to $ 0.03643 CAD
MON to KRW
1 MON to ₩ 37.37 KRW
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1 MON to ¥ 3.76 JPY
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1 MON to £ 0.01988 GBP
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1 MON to R$ 0.1496 BRL
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1 ATOM to $ 18,772.1 COP
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1 USUAL to $ 523.89 COP
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1 BTC to $ 331,489,629.74 COP
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1 CRTS to $ 1.57 COP
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1 ZRO to $ 10,668.2 COP
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1 VIDT to $ 91.98 COP
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1 AMP to $ 13.89 COP
BERA to COP
1 BERA to $ 20,856.96 COP
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between MON and COP.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as MON and COP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of MON in COP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
