The Financial Superintendence of Colombia is the entity in charge of certifying and evaluating the Representative Market Rate, which is calculated daily for the amount of dollar purchase and sale operations in the United States in exchange for Colombian legal currency.
The TRM recorded a unaltered value for this Sunday, June 16, this being $4,151.55 where it decreased 0.31%, that is, 13.11 pesos compared to the same day of the previous year, but rose 8.53%, the equivalent of 326.13 pesos in reference to the same day of the previous month.
The dollar in Colombia has had an increasing trend in Junesince it opened the month at $3,860.92 pesos and as the days went by it began to rise until it reached the top of $4,151.55 again, thus managing to rise 290.63 pesos.
Dollar movements today, June 16
The price of the TRM that is registered this weekend has been the highest so far this month. Also the Bank of the Republic through the Market behavior It showed how it opened today at $4,166.75 and had a small drop in the morning that registered a value of $4,152.23 pesos for each dollar.
Several financial analysts agree that one of the main variables in the rise of the foreign currency according to the Federal Reserve has kept interest rates high due to inflation. However, the Bank of the Republic expects that By the end of this year the foreign currency will be at an average of $4,081 pesos.
| Weekday | dollar price |
|---|---|
| Sunday June 16 | $4,151.55 COP |
| Saturday June 15 | $4,151.55 COP |
| Friday June 14 | $4,107.52 COP |
| Thursday June 13 | $4,023.26 COP |
| Wednesday June 12 | $3,960.83 COP |
| Tuesday June 11th | $3,944.14 COP |
| Monday June 10 | $3,944.14 COP |
| Sunday June 9 | $3,944.14 COP |
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