Colombia’s official currency is the Colombian Peso and the exchange rate as of 2018 is approximately ~ COP$ 2,970 to US$1.00. Unlike most other countries in Latin America, apart from high-end restaurants and hotels the US Dollar is not widely accepted. If you bring US Dollars with you, then you’ll be able to convert them at your hotel, bureau de changes, and high-street banks. The great thing about Colombia is that you’re never too far from an ATM, even in relatively small towns. Mastercard, Diners Club, American Express and Visa are all widely accepted in Colombia. Traveler’s checks aren’t recommended, as although they can be exchanged at some banks, few businesses accept them. Tipping in Colombian restaurants is voluntary but they will ask you at the end of your meal if you want it included (10%) or excluded in the bill (which is called propina voluntaria or servicio).