International Merchandise Trade Statistics: Exports: Commodities for Colombia
Colombian Peso, Quarterly, Seasonally Adjusted
COLXTEXVA01NCMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,122,480,000,000.00
Year-over-Year Change
0.32%
Date Range
1/1/1970 - 1/1/2025
Summary
The Colombian Peso, Quarterly, Seasonally Adjusted measures the exchange rate between the Colombian peso and the U.S. dollar on a quarterly basis, adjusted for seasonal factors. This trend is a key indicator of Colombia's economic performance and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Colombian Peso, Quarterly, Seasonally Adjusted tracks the relative value of the Colombian currency against the U.S. dollar over time. This metric is closely watched by economists, policymakers, and investors to assess Colombia's export competitiveness, import pressures, and macroeconomic stability.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market transactions.
Historical Context
Fluctuations in the Colombian peso-dollar exchange rate have implications for Colombia's trade balance, foreign investment, and monetary policy decisions.
Key Facts
- The Colombian peso is the official currency of Colombia.
- Colombia is a major exporter of commodities such as oil, coal, and coffee.
- The peso-dollar exchange rate reached a record high in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Colombian Peso, Quarterly, Seasonally Adjusted measures the exchange rate between the Colombian peso and the U.S. dollar on a quarterly basis, with adjustments made for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists, policymakers, and investors as it provides insights into Colombia's export competitiveness, import pressures, and overall macroeconomic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: Fluctuations in the Colombian peso-dollar exchange rate have implications for Colombia's trade balance, foreign investment, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Colombian Peso, Quarterly, Seasonally Adjusted (COLXTEXVA01NCMLSAQ), retrieved from FRED.