The Colombian peso is the currency of Colombia. Its ISO 4217 code is COP. The official peso symbol is $, with COL$ also being used to distinguish it from other peso- and dollar-denominated currencies.Colombian banknotes used to be small in denomination, with nine notes of 1, 2, 5, 10, 20, 50, 100, 200, 500 pesos, etc. but later, the notes of 1, 2, 5, 10, 20, 50 Pesos were withdrawn from circulation, and four new notes of large denomination, such as 1000, 2000, 5000, 10000 pesos, were added.