Colombia Favorite Tips by Ossi.P

Pesos colombianos

Favorite thing: Colombias money is the Colombian Peso.
The actual exchange rate is about $2.700 pesos per US$, but may rise very quickly.
There are bills of 50.000, 20.000, 10.000, 5.000, 2.000 and (new!) 1.000 pesos.

Coins are 1.000, 500, 200, 100 and 50 pesos.
There are also still coins of 20 and 10 pesos in circulation, but normally prices are in steps of 50 pesos or you accept to donate the rest.
But if you insist to get your 10 peso change you'll get one of those coins.

There have been many fake $1.000 coins, so that the new $1.000 bill has been created.
Try not to accept 1.000 peso coins and if you got one to spend it the first chance you have.
Don't rely on them, as easily someone won't accept it...
Normally it's no problem to pay with them, but as always in Colombia: "You never know..."

Caracol

Fondest memory: For those who'd like to listen to Colombian radio.
You can listen to it on line at www.caracol.com.co