禁漫天堂

Steady, with little movement.

The Dollar to Peso exchange rate

stayed within a narrow channel during

the last week of January 2024.

The week closed out on Feb. 1 with

xe.com charting showing the Dollar

up 26 Pesos for the week, closing at

3939 Pesos to the Dollar.

No big swings.

Yet another week has passed with

no week-over-week changes of significance

in the Dollar-to-Peso valuation.

The first week of February closed with the

Dollar down 18 Pesos from the week before,

xe.com charting now showing the Dollar

worth 3921 Pesos. If you divide 3921 by 18,

you can see what a tiny change occurred

in a week such as the past several semanas.

Dollar floats above 3900-Peso level.

The U.S. Dollar lost 15 Pesos in value during the

week ending today, February 16, 2024.

The Dollar is down about 50 Pesos in the last

week and a half .. and is valued at 3906 Pesos

as of Friday's close.

Source... xe.com USD-COP charting

Dollar edges closer to 4000 Pesos.

The U.S. Dollar gained almost 60 Pesos in value

during this week that ended today, Friday, Feb. 23.

The Dollar closed at 3964 Colombian Pesos,

according to xe.com USD-COP charting.

Edging lower.

The U.S. Dollar edged lower over the course

of the week ended on the first day of March 2024.

Versus the Colombian Peso, the Dollar ended the

past week at 3936 Pesos in value.

Dollar now below 3900 Pesos.

The U.S Dollar lost another 55 Pesos in value

during the week ending March 15, dropping

below the 3900 level.

At Friday's close, the value of the Dollar

stood at 3881 Pesos.

Source... xe.com USD-COP charting

Reversing a dip.

Last week's dip of the Dollar below 3900 Pesos

may be short-lived as the Dollar reversed the

downward trend and finished the week ending

March 22, 2024, within 7 Pesos of the 3900 mark

at 3893.

The Dollar is now 18 percent below where it was

versus the Peso one year ago.

Source... xe.com USD-COP

The dipping Dollar.

The U.S. Dollar resumed its dipping trajectory

during the week ending March 30.

The Dollar ended the week down 28 Pesos

at 3865 Pesos, according to USD-COP charting

at xe.com

A down week so far for the Dollar.

The U.S. Dollar dropped to a level of

3813 Colombian Pesos during the session

ending today, April 3.

Source... xe.com USD-COP

---

Precious metal markets are buzzing as the

prices of gold, silver and metals-based stocks are having

their biggest weekly increases in many moons

this week.

After spending a few days in the mid 3700's,

the U.S. Dollar bounced back almost 100 Pesos

to close on Friday, April 12, at 3858 Pesos.

Source... xe.com USD-COP charting

The U.S. Dollar gained against the Peso

during the past week ended April 19, 2024 --

rising about 80 Pesos and concluding the week

at 3934 Pesos.

Source... xe.com USD-COP charting

The Dollar had a 31-Peso pullback this past week

versus the Peso.

The Dollar is currently valued at 3895 Pesos,

according to xe.com USD-COP charting.

The Dollar managed to eclipse the 3900-Pesos level

this past week, ending the first week of May up 13 Pesos

from the previous week's close, at 3908 Pesos to the Dollar.

Source... xe.com USD-COP

The week starting today, Monday, May 13, shows

the Dollar channeling around the 3890 level.

The Dollar is down about 15 percent today compared

to the Peso in a comparison with 12 months ago.

The Dollar dropped by 61 Pesos in the week

ended May 17, 2024.聽 It now stands at

3829 Pesos to the Dollar.

Source... xe.com USD-COP charting

Neither currency is showing much strength. The US is definitley in an undeclared recession. More than a handful of countries are abandoning the US dollar as the settlement currency for trade. BRICS seems to be gaining acceptance in place of the US dollar. With the insane fiscal policy of the current US government it's no wonder that people are looking for something better.

When I got married in Colombia in 2012 the exchange rate was approximately 1650 pesos to the Dollar.聽 So over that 12 year period, the Dollar has doubled in strength against the COP.

Yep, The dollar has more than doubled against the COP in 12 years. However if you're getting paid in USD, inflation has eaten up ~37% of those dollars.

The Dollar gained 48 Pesos in value versus the

Colombian Peso during the week ending today,

May 24, 2024.

At the close on Friday, the value of the Dollar

was 3877 Pesos.

Source.... xe.com USD-COP

The U.S, Dollar weakened only slightly versus

the Colombian Peso during the last week of May.

The Dollar lost 17 Pesos in value over the course

of the week,聽 finishing at 3860 Pesos to the Dollar.

Source.... xe.com USD-COP charting

The Dollar gained about 90 Colombian Pesos

in value during the first week of June.

The Dollar finished the week at 3942 Pesos.

Source.... USD-COP charting at xe.com

Stronger Dollar.

The Dollar had one of its strongest weeks of

the year versus the Peso, flying past the

4000 and 4100聽 Peso benchmarks.

At Friday's close, the Dollar was valued at

4133 Pesos, according to xe.com USD-COP charting.

This is the high point of the Dollar since about

eight months ago.

@cccmedia

Petro's policies coming to fruition....

@mtbe

So true. Not only do I read the local/regional and national news I speak daily with my Colombian friends, a few of which even supported Petro............they now agree "I told you so".

Is that good or bad?聽 the 鈥漣 told you so?鈥�

Climbing, climbing.

The U.S. Dollar climbed another 18 Pesos

in the week ended June 21, 2024, to close

the week at 4151 Pesos.聽 Source... xe.com

USD-COP charting.

Will this continued climb of the Dollar

cause some of our members to blame

Petro or his policies for a weak Peso?

My guess is Yes.

cccmedia

I just checked and the exchange rate is COP$4091, down 60 pesos from the COP$4151 of June 21, which indicates a strengthening of the COP.

So, if you want to blame "Petro's policies" which are really reforms and laws approved by Congress, then how do you explain the COP strengthening in the last five days? The policies have not changed.

Maybe consider things happening on a macroeconomic level, world market changes, etc.?

But some will not miss any opportunity to blame Petro for USD-COP exchange fluctuations, while ignoring all President Petro's legislative achievements (which two years ago they swore would not happen because they said Congress would not go along with Petro's reforms).

In his first two years all of President Petro's reforms have advanced, and many have already passed Congress (like tax reform, pension reform, paz total (a legal framework for peace), national budgets for 2023 and 2024, agrarian reform (jurisdicci贸n agraria), a national development plan, etc.

In the next two years Petro will work with Congress to pass more legislation (for example, education reform 2.0 and labor reform, both of which are advancing).

All Colombians will benefit.

From Reuters, dateline Bogot谩...

Tens of thousands of Colombians took to the

streets on April 21st to protest the reforms

proposed by Presidente Petro.

It's macro stuff, the proposed reforms won't move the needle. Interest rates catch the money people's eye, as will US / Colombia relations, the almost open warfare in parts of the country, and the proposed constituent assembly that could give it a Venezuelan appearance. Both USD and GBP go up and down like yo-yos, but nothing fundamental.

It's difficult to fund reforms with so few people paying taxes on income, so the money has to be found from somewhere; meanwhile the banks and utility services continue to pillage the citizens without restraint, and big supermarkets are creaming profits from grossly inflated prices. Rents in places like Bogota have reached new highs.

It's still a complicated affair for foreign businesses to establish, and there's too much cheap rubbish imported from China, effectively killing off local enterprise.

Longer term, I see no consumer confidence - or ability to pump money into the economy.

A miniscule change for the overall week

has made little difference in the exchange rate

between the U.S. and Colombia.

The Dollar slipped a mere seven Pesos in value,

ending the last week of June valued at

4144 Pesos.

Source.... xe.com USD-COP charting

The Dollar reached a level of 4152 Pesos

during the first week of July before

backing off this week.

Charting at xe.com USD-COP shows

the Dollar ended the week at

a value of 4085 Pesos.

The Dollar is now down only about

one percent vs. the Peso since

12 months ago.

A swoon.

The Dollar was in swoon mode this past week,

dropping below the 4000 Pesos benchmark.

At the Friday close, the Dollar was valued

at 3929 Pesos, according to xe.com charting.

Dollar bouncing back.

The U.S Dollar is flirting with the

4000 Peso benchmark entering the

week's final currency-exchange day.

At the close on Thursday, the Dollar

was pegged at 3998 Pesos, per

xe.com charting.

Crashing the 4000 Pesos line.

With an upward projectory all week,

Friday's close brought a smile to

dollarized Expats.

The official closing number is

4018 Pesos to the Dollar.

Source... USD-COP charting at

xe.com

The Dollar's value versus Colombian currency

increased by just a single peso this past week.

As of the close on Friday the 26th of July,

one Dollar was valued at xe.com charting

at 4019 Pesos.

The Dollar spurts.

Versus the Peso, the Dollar has been spurting,

reaching its highest point since November

of last year.

The Dollar opened the currency-trading week

on Monday the 6th. It was valued at 4154 Pesos

by the end of Monday's session.

Source... xe.com charting

The Dollar's spurt was reversed during

the week ending Friday, August 9.

The week ended with the Dollar closing

at a value of 4067 Pesos.

Source... xe.com charting

Dollar descending.

The value of the USD versus Cololmbia's Peso

dropped for a second consecutive week as of

the close on Friday, August 16.

One Dolllar was valued at 4028 Pesos

as of Friday's close, according to xe.com charting.

The upshoot.

The U.S. Dollar shot up 116 Colombian Pesos during the week

just ended today (August 30. 2024).

Per xe.com charting, the Dollar ended the last week of聽 August

worth 4179 Pesos.

Regardless of any political bent anyone may have, it's coming to a time where those interested in ForEx will have to keep a weather eye on exchange rates.

That only applies if the story is true (there were claims he was going to do so during his last term), and he actually wins.

Manipulation is a real problems both ways. If the claims about China are true (fair chance), that country will do whatever it can to keep the Dollar high.

If the claims about Trumps position are true, he wants an easier time for US exporting companies, but US inflation might well rise.

If you have US income, or send money back to the US, the months after the new US president enters office will be a good time to keep a very close eye on rates.

I don't envy forex people at all.