Exchange Rate in Colombia

Colombia Exchange Rate | Economic News & Forecasts

Colombia - Exchange Rate

Peso plunges amid wider emerging markets selloff

On 6 September, the Colombian peso ended the day at 3,086 per USD, weakening 6.4% over the same day in August. The peso has fallen 3.4% on a year-to-date basis and 6.0% from same day last year amid a wider sell-off in emerging markets.

Argentina’s rapidly deteriorating currency crisis has weighed on the Colombian peso and the currencies of other regional players. The ongoing turmoil in the Turkish lira, the intensifying U.S.–China trade war, the U.S. Federal Reserve’s move to tighten monetary policy, and falling oil prices have also spurred a rapid sell-off in emerging market currencies.

Colombian Peso Exchange Rate Forecast

The FocusEconomics panel sees the peso regaining some lost ground by the end of the year but remaining relatively weak. FocusEconomics analysts see the peso ending 2018 at 2,906 per USD and 2019 at 2,948 per USD.

Colombia - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)1,930  2,389  3,175  3,002  2,985  

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Colombia Exchange Rate Chart

Colombia Exchange Rate
Note: Colombian Peso (COP) per U.S. dollar.
Source: Thomson Reuters.

Colombia Facts

Bond Yield6.580.0 %Mar 11
Exchange Rate3,179-0.17 %Mar 11
Stock Market12,495-0.66 %Mar 11

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