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October 31, 2024
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How much is 100 dollars equivalent in Colombian pesos?

How much is 100 dollars equivalent in Colombian pesos?

In recent hours, concerns began related to the increase in the price of dollar that is developing due to the cuts they are making to the rates of the US Federal Reserve ahead of the presidential elections on November 5. How much is 100 dollars, converted to Colombian pesos?

What is the price of 1 dollar in the exchange market?

What is the price of the dollar in Colombia.

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According to official economic indicators, the price of the dollar opened during the day on Wednesday with a price close to $4,400 COP and an increase of $32.61 taking into account the Representative Market Rate (TMR) of $4,367.39, the highest value that has been seen in 2024. It should be mentioned that during this day operations have been carried out that have included a price range between $4,400 and $4,410.

(See more:
Citizen Income: the date in November that beneficiaries should take into account)

To argue this situation, Mauricio Acevedo told The Republic that the currency will maintain its rise. “This is a good time for exporters to guarantee their operating margins, taking advantage of the current situation,” the specialist pointed out.

(See more:
How much should I earn to live well in Colombia? This was revealed in a study)

The data of Bloombergfor their part, have highlighted that the North American economy has signs of a labor market that is active but that has evidently not shown confidence in the different consumers. This has caused variations in the indicators and of course the consequences are felt in economies such as Colombia.

How much silver is equivalent to 100 dollars in Colombian pesos?

Dollar

The price of the dollar in Colombia.

iStock

If you are interested in selling or buying 100 dollars, the price could be close to $441,475.00 Colombian pesos.

(See more: How much money must you earn in Colombia to be considered a good salary?)

Remember that before making this type of transfer, whether buying or selling dollars, check the price at the respective exchange offices.

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