Purchasing Power Parity Calculator
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Purchasing Power Parity Calculator for Colombia (USD vs COP)
What is Colombia's (COP) equivalent in USD based on purchasing power?
Use this calculator to find purchasing power parity for Colombia's (COP). Purchasing power parity (PPP) is a theory that estimates the amount of adjustment needed on the exchange rate between countries to make the exchange of goods and services of the two countries equal. This means that a good or service should have the same price in one country as it does in another country, after taking into account the exchange rate between the two countries.
Colombia Purchasing Power Parity
The current PPP rate for Colombia's (COP) is 2435.721.
What does this mean?
This means that 1 USD is euqivalent to 2435.721 COP in Colombia based on the general cost & standard of living in Colombia.
Source
World Bank 'Purchasing Power Parities and the Size of World Economies' - 2017 International Comparison ProgramGet funding with a business plan that will impress investors.
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