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About Colombian Peso
The Colombian peso is the currency of Colombia. Its ISO 4217 code is COP. The official sign is $, with Col$. also being used to distinguish it from other peso- and dollar-denominated currencies.
One peso is divided into one hundred centavos; however, because of high inflation in the 1970s and 1980s, Colombia ceased issuing centavo coins for circulation in 1984. It remains customary to write monetary amounts with centavos, although it is rare in daily lives and general contexts. The 50 peso coins are still legal tender, but due to its low value and circulation, most cash transactions are rounded to the nearest 100 pesos; while electronic transactions and banking statements are still processed to the centavo, centavos have practically no purchasing power. WikipediaAbout Nigerian Naira
The naira is the currency of Nigeria. One naira is divided into 100 kobo.
The Central Bank of Nigeria is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins.
A major cash crunch occurred in February 2023 when the Nigerian government used a currency note changeover—delivering too few of the new notes into circulation—to attempt to force citizens to use a newly created government-sponsored central bank digital currency. This led to extensive street protests. Wikipedia