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?
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.
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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.
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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?
If you are interested in selling or buying 100 dollars, the price could be close to $441,475.00 Colombian pesos.
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Remember that before making this type of transfer, whether buying or selling dollars, check the price at the respective exchange offices.