International Merchandise Trade Statistics: Imports: Commodities for Colombia
Colombian Peso, Monthly, Not Seasonally Adjusted
COLXTIMVA01NCMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,789,560,000,000.00
Year-over-Year Change
20.45%
Date Range
1/1/1990 - 5/1/2025
Summary
The Colombian Peso (COP) exchange rate, measured monthly and not seasonally adjusted, is a key economic indicator for analyzing Colombia's international trade and financial conditions.
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 COP/USD exchange rate tracks the value of the Colombian peso relative to the U.S. dollar. This metric is widely used by economists, policymakers, and investors to assess Colombia's economic competitiveness, capital flows, and trade balance.
Methodology
The data is collected and reported by the Federal Reserve's FRED database.
Historical Context
The COP exchange rate is closely monitored by the Central Bank of Colombia and impacts the country's monetary and trade policies.
Key Facts
- Colombia is the 4th largest economy in Latin America.
- The COP has fluctuated between 3,000-4,000 per USD over the past decade.
- Exchange rate movements impact Colombia's imports, exports, and foreign investment.
FAQs
Q: What does this economic trend measure?
A: The Colombian Peso (COP) exchange rate measures the value of the Colombian currency relative to the U.S. dollar on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The COP exchange rate is a crucial indicator for assessing Colombia's international trade competitiveness, capital flows, and macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Reserve's FRED database.
Q: How is this trend used in economic policy?
A: The COP exchange rate is closely monitored by the Central Bank of Colombia and impacts the country's monetary, trade, and investment policies.
Q: Are there update delays or limitations?
A: The COP exchange rate data is reported monthly with minimal delays, providing timely insights into Colombia's economic performance.
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Citation
U.S. Federal Reserve, Colombian Peso, Monthly, Not Seasonally Adjusted (COLXTIMVA01NCMLM), retrieved from FRED.