The price of the dollar It still does not recover completely from your last falls. Although international currencies usually vary greatly, the recent declines of the price of the US dollar have been especially difficult, especially from the “Liberation day”, in which President Donald Trump He decided to place tariffs to dozens of countries in the world.
After the announcement of the tariffsthe dollar went from being over $ 102,000 and came to quote $ 98,102 this weeklosing about 4 % in less than a month, according to the DXY, which is an index that measures the American dollar compared to 6 world coins.
Today, the dollar globally registered red numbers, How much is quoted in Colombia? Here are the price of the dollar this Thursday in Colombia.
Dollar price today in Colombia
This week, The price of the dollar has not presented major changes. For today, April 24, the dollar opened at $ 4,295, that is, it rose 8 pesos compared to its closing price yesterday. However, the day began down, again located at $ 4,280.
On the other hand, the Bank of the Republic determined that the representative exchange rate of the market (TMR) for today would be $4.298,31which means that it rose 15.09 pesos.
-It should be remembered that on April 10, date of the announcement of tariffs, Its value reached the highest peak of the year, quoting at $ 4,387; However, after that day, its price has been progressively going down.
How much would they be 100 dollars today in the country?
According to the price with which the dollar opened in the country, 100 dollars today in Colombia would be equivalent to $ 429,500. However, this could change according to the exchange house that makes the money change. Some of the average prices in which the currency is sold in the country, according to dollar today, are the following:
- Bogotá: it is sold at $ 4,090, that is, that 100 dollars would be equivalent to $ 409,000
- Cali: It is sold at $ 4,100, that is, that 100 dollars would be equivalent to $ 410,000
- Medellín: It is sold at $ 4,000, that is, that 100 dollars would be equivalent to $ 400,000
- Cartagena: it is sold at $ 3,750, that is, that 100 dollars would be equivalent to $ 375,000
Is it normal for the price of the dollar to be going down so much?
As explained by Jane Foley, head of currency strategy (FX) in Rabobank, to the BBC, the drop in the dollar is “quite shocking.” Usually, this currency is usually considered a safe investment in difficult times, but today, With its price, it has many people in uncertainty.
As he explained to the British environment, “for several years, the market bought this history of the growth of the United States and, suddenly, Today economists began to think that tariffs could push the country to a recession”, Says Foley. According to the analyst, the concern is observed in the mass sale of actions, of American bonds and of the fall of the dollar.
Now, Foley also points out that the most likely Dollar Do not lose its number 1 status in the world in the short term. However, as the BBC points out, a Federal Reserve official, recently, suggested that the United States You can no longer give that for granted.
