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 Met the why particular panel sees the peso regaining some lost ground by the end of the year but remaining relatively weak. Met the why particular 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

ValueChangeDate
Bond Yield7.090.0 %Nov 15
Exchange Rate3,190-0.17 %Nov 15
Stock Market12,327-0.66 %Nov 15

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Economic News

  • Colombia: Industrial production growth weakens in September

    November 14, 2018

    According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 14 November, the industrial sector grew at a weaker pace of 2.9% over the same month of the previous year in September, after expanding a revised 4.2% year-on-year in August (previously reported: +3.9% year-on-year). Looking at a breakdown of the data showed that September’s weaker pace of expansion was due to a marked drop in the output of coking, oil refining and fuel blending, along with more modest downturns in the manufacture of basic chemical substances and their products, and manufacture of metal products. Annual average growth in industrial production climbed to 2.0% in September, up from 1.5% in August. Colombia Industrial Production Forecast

    Read more

  • Colombia: Inflation inches up in October, remaining with the Central Bank’s target band

    November 3, 2018

    According to the National Department of Administrative Statistics (DANE), consumer prices rose 0.12% over the previous month in October, after a 0.16% month-on-month increase in September.

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  • Colombia: Export growth tumbles to six-month low in September

    November 1, 2018

    According to the National Department of Administrative Statistics (DANE), the annual pace of expansion in exports declined markedly to a six-month low of 3.8% in September from 13.1% in August.

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  • Colombia: PMI continues to lose ground in October

    November 1, 2018

    Colombia’s manufacturing sector continued to weaken in October, with the seasonally-adjusted Davivienda manufacturing Purchasing Managers Index (PMI) falling to 52.0 from 52.8 in September.

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  • Colombia: Central Bank keeps benchmark interest rate on hold at 4.25%

    October 26, 2018

    At its 26 October Board of Directors meeting, Colombia’s Central Bank (Banco de la República, BanRep) took the unanimous decision to keep the benchmark interest rate on hold at 4.25%, where it has been since 27 April when the Bank cut the rate by 25 basis points.

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