1000 Pesos is about 0.40 US dollar in 2002
1 US dollar is about 2500 Pesos in 2002
The Peso is devaluating each year.

Here follows all the money of Colombia starting with the biggest value.

50000 Pesos is Cincuenta Mil Pesos equals about 20,=US$

20000 Pesos is Veinte Mil Pesos equals about 8,=US$

10000 Pesos is Diez Mil Pesos equals About 4,=US$

5000 Pesos is Cinco Mil Pesos equals About  2,=US$

2000 Pesos is Dos Mil Pesos equals About 0,80US$

1000 Pesos is Mil Pesos equals About 0,40US$

Coins of 1000         500           200              100           50          20          5      Pesos

1000 Pesos is about 0.40 US dollar in 2002
1 US dollar is about 2500 Pesos in 2002

The 1000 Pesos coin is going out of rotation because there were too many false coins.
The 5 Pesos coin is not very much used.

The 50000 and 20000 bills are hard to get change for on the street, small stores or in Taxi's.

Have a look at these beautiful stamps

YwamMedellinColombia
WebDesign Daniel Huisman