Colombia is a reasonably cheap country to travel in, provided you are traveling overland. Low-budget travelers should be prepared to shell out US$15 to US$25 per day on average. If you want a more comfy trip, with midrange hotels, some better restaurants and a flight from time to time, you'll average somewhere between US$25 and US$45 daily. Some resort areas, especially along the Caribbean coast, have all-inclusive resort packages that cost US$100 to US$150 for two people, a good value anywhere. You can save money by going to free days at museums (often the last Sunday of the month), or using a student card when buying plane and museum tickets. Also remember that bus ticket fares are always negotiable. A little haggling can usually knock off around 20% to 30% of the cost, though you may need to shop around at the various bus company windows.
- There is no need to purchase Colombian pesos before travelling to Colombia.
- The money exchange desks at the international airports give a good rate.
- Most major bank cards and credit cards will work in the bank machines to withdraw cash.
- Banking hours in Bogotá are 9am-3 pm Monday-Friday, and in other cities 8am-11.30 a.m. and 2-4.30p.m. On the last business day of the month banks are only open to the public until noon.
- Few Colombian banks deal in foreign exchange but you can usually count on Bancolombia to change US dollars and travelers checks. Changing travelers checks can take ages as photocopies need to be made, finger prints given and passports inspected.