Colombia Forum

fecherklyn
Joined 2015
Posts: 1380

2 years ago

What a year!

2 years ago

How things have changed. No, I am not talking about Covid, or Ukraine, it is the Colombian Peso exchange rate I was thinking about.

Today, March 2nd 2022, the US$/COP closed at 3,846.79.

A year ago, March 2nd 2021, it was 3,629.42.

During that 12 month period it hit a high of 4,080.68 on Jan 5th 2021.

A lot of volatility…non? Answer, Non, not necessarily; the British pound and Euro ended up today at almost exactly the same rates as one year ago.

So, it has been a good year for the US$.....that is, if you think your currency strength is a good thing (Most US expats will think that way.

But is it going to stay that way?
I challenge the forum members to offer their forecast…..What will happen to the dollar/peso over the next 12 months? RV March 2nd 2023.

Where did I put my crystal ball?

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Help others in Colombia by answering questions about the challenges and adventures of living in Colombia.