USD/COP Exchange Rate Today, Forecast & News

USD/COP
US Dollar - Colombian Peso
Closed
3,857.43-7.37000 (-0.19%)
As of: May 31, 2024 21:59 UTC
Open
3,864.65
High
3,871.75
Low
3,848.94

Stats

Prev. Close

3,864.80

Open

3,864.65

Day's Range

3,848.94 - 3,871.75

52 Week Range

3,752.50 - 4,429.45

YTD Change

-0.78%

1 Year Change

-12.13%

Economic CalendarAll Events

Time zone: GMT

Friday, May 31st 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Core PCE Price Index MoMApr	High	0.2%	0.3%	0.3%
12:30	USD	Personal Income MoMApr	High	0.3%	0.3%	0.5%
13:45	USD	Chicago PMIMay	Medium	35.4	41	37.9
22:15	USD	Fed Bostic Speech	Medium

Monday, June 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:45	USD	S&P Global Manufacturing PMI FinalMay	Medium		50.9	50
14:00	USD	ISM Manufacturing PMIMay	High		49.8	49.2
14:00	USD	ISM Manufacturing EmploymentMay	Medium		49	48.6

USD/COP

The USD/COP duo reflects the interplay between the US Dollar, a currency that dominates the global financial system, and the Colombian Peso, representative of Colombia's emerging market status. Colombia's reliance on commodity exports, such as coffee and oil, means that the Peso often mirrors the volatile swings of these markets, contrasting with the Dollar's role as a benchmark currency, where shifts are measured against a backdrop of international trade and monetary policy.

	United States		Colombia
Interest Rate	5.5% May 24		11.75% Apr 24
Inflation Rate	3.4% Apr 24		7.16% Apr 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaNegative	AA+Stable	Baa2Stable	BB+Negative

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Currencies

USD/COP

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