Based on the price of the dollar ($4,913.24), the devaluation of the peso stands at 23%.the fifth highest in the last 30 years, although it must be taken into account that in the high volatility environment and with 10 weeks to go in 2022, things could change or even worsen.
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But the indicator shows the rise that the currency has registered, although it must be said that the trend in these three decades has been one average devaluation of 14% in the years that this phenomenon has occurredindicates Edgar Jiménez, finance professor at the Jorge Tadeo Lozano University.
Years with high devaluations were 2015 with 32%, 1997 with 29%, 2002 with 25%, 2014 with 24% and 1999 with 22% and show that the current indicator is close, without this meaning that it cannot be reached. give a higher or lower value in the coming days. For now, the Colombian peso is devalued in a figure similar to 2014 when it was 24%.
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The value that is close to $5,000, can give the feeling that a strong devaluation is taking place, even more so when Colombia comes from years with low levels of peso depreciation or even revaluation, just as it happened in the years 2016 and 2017, to cite only the two most recent, indicates Jiménez.
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