Buy price
3,241.38
USD/COP Exchange Rate Today—Live Chart and Analysis
The USD to COP rate shows how many Colombian pesos one US dollar buys. Colombia is South America's fourth-largest oil producer - the peso tracks Brent crude more directly than almost any other LATAM currency.
Sell price
3,241.38
USD/COP chart
Price Performance
Information regarding past performance is not a reliable indicator of future performance.
Analysis
USD/COP traded near 3,160 on 21 Oct, down from 3,757 at the start of the year, making the Colombian peso one of the strongest currencies in Latin America this year.
The Banco de la República raised its policy rate to 12.25% on 30 Sep, up 3 percentage points this year, with inflation at 6.3%. The high rate attracts investors who borrow in cheaper currencies to earn the rate difference, and the new government's fiscal plan is the main local factor.
Levels for 26 to 30 Oct: Support 3,120 and 3,048. Resistance 3,300 and 3,362.
Next catalyst: Oil prices and the next Fed decision on 9 Dec
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Market open
USD/COP
USDCOP
3,241.38
Instrument Forex
Trading hours -
Dynamic Spread 1
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Expiration no
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