Global macroeconomic events, along with other aspects such as the financial status, fluctuations in imports, exports and the monetary policies of each country are some of the factors that influence the appreciation or fall of currencies international currencies and their equivalence with other currencies. In addition, One of the strongest currencies globally is the US dollar, since it comes from one of the largest and most influential economies in the world and is widely accepted in financial contexts.
In that sense, this currency has had a slight downward trend in recent days, but how did the trend start this Friday? Here We tell you what has been the behavior of the dollar and more currencies this May 31, as well as the TRM set for today:
This is how the price of the dollar closed TODAY, May 31 in Colombia
Multiple people stay updated on the exchange rate of dollars to Colombian pesos and the fluctuation of this currency during the day; It is key information for doing commercial business, buying and selling currencies or staying informed. In this way, the North American currency began the day this Friday, May 31, with a value slightly below that established during the closing of the previous day; Well, a closing rate of $3,865.40 COP; However, a minimum value of $3,847 COP and a maximum equivalent of $3,874.75 COP was recorded throughout the day.
For its part, the Representative Market Rate (TRM) was established by the Bank of the Republic at $3,874.32 COP, which means an increase with respect to those established in the last two days. However, it should be noted that the latter is calculated based on the operations of the previous business day.
Exchange rate from euro to Colombian pesos
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This currency is the currency used by 20 of the 27 countries belonging to the European Union and which is another of the strongest currencies worldwide, It started in the Colombian market this Friday, May 31, with a rate of $4,186 COP. However, it has shown a slight rise throughout the day, placing it at $4,188.20 COPalthough it has not experienced significant changes in recent days, according to the average of the last few months of the ‘Investing’ portal, which reports on financial markets worldwide.
Price of the pound sterling TODAY in Colombia
The equivalence of the pound sterling to Colombian pesos also It is important in terms of international trade, tourism and investment, since it is the currency officially used in the United Kingdom, one of the territories that does not require a visa for Colombians. In that sense, the currency started with an equivalent in Colombian pesos of $4,920.36 COP. However, throughout the day it has trended downward, placing the exchange rate at $4,908.53 COPthe lowest of the day.
Brent and WTI oil price today, May 31
- Brent Oil Barrel: This oil started the day with an opening price of $81.94 dollars and as the morning progressed the rate was maintained, with a maximum value on the day of $82.22 dollars per barrel.
- WTI Oil Barrel: This crude oil started with an opening rate of $77.83 dollars per barrel, price that also remained stable, holding a maximum value of the day of $78.13 dollars.
