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US dollar price today in Colombia

$3,158.43

Down$26.58 (−0.83%) vs. previous TRM

Valid from Saturday, October 24 to Monday, October 26. Official TRM certified by Colombia’s Financial Superintendence, calculated from the US dollar purchases and sales in the Colombian foreign exchange market recorded on trading systems such as SET-FX on the previous business day. How is it calculated?

The official TRM as soon as it is published, with the context that explains why it moves. Free, every business day.

US dollar vs. Colombian peso (USD/COP), 1-minute candles for the day. International market price (Forex), via TradingView. Not Colombia’s official spot dollar.

MARKET CLOSEDInternational price (Forex)

Live dollar and euro

Source: TradingView, international currency market. Not Colombia’s official spot dollar (SET-FX) or the TRM.

How much does a move in the dollar cost you?

Work out how much you gain or lose in pesos if the dollar moves before you pay or get paid.

My company

Dollar today (TRM)$3,158.43

Quick scenarios

−$15,757,000

If you import US$100,000 and the dollar rises to $3,316, you lose $15,757,000.

Reference calculation with the current TRM. Bank fees and spreads are not included.

I want to hedge my risk

Gold today (XAU/USD)

International price of an ounce of gold in US dollars. It tends to rise when markets seek safety, and those same risk-off moments also put pressure on the peso.

International market price, via TradingView.

Dollar thermometer

The five indicators that put the most pressure on the peso, live.

  • Fed rate

    How it affects the dollar: Higher US rates draw capital to the dollar and usually lift it against the peso.

  • 10-year Treasury

    How it affects the dollar: When its yield rises, the dollar tends to strengthen worldwide.

  • Banco de la República rate

    How it affects the dollar: If it falls relative to the Fed rate, the peso loses appeal and the dollar usually rises.

  • Brent crude

    How it affects the dollar: Colombia exports oil: when Brent rises, more dollars flow in and the peso strengthens.

  • US Dollar Index (DXY)

    How it affects the dollar: Measures the dollar against major currencies: when it rises, the peso usually weakens.

Quotes via TradingView (international markets, Federal Reserve and Banco de la República).

Frequently asked questions about the dollar

What is the TRM?

The Tasa Representativa del Mercado (TRM) is the weighted average of the dollar buy and sell transactions in the Colombian foreign exchange market on a given day. It is certified by the Financial Superintendence and applies to the next business day.

Why is the exchange house rate different from the TRM?

Exchange houses buy below and sell above the TRM to cover their costs and margin. The difference varies by city and amount.

When is tomorrow’s TRM published?

After the spot market closes at 1:00 p.m., the Financial Superintendence (Superfinanciera) calculates and publishes the rate in the afternoon. On Fridays it publishes the rate that applies to Saturday, Sunday and Monday.

What makes the dollar rise or fall in Colombia?

Mainly the price of oil, interest rates in the United States and at Banco de la República, foreign investment flows and the perceived risk of the country.