International Merchandise Trade Statistics: Imports: Commodities for Colombia
Colombian Peso, Quarterly, Seasonally Adjusted
COLXTIMVA01NCMLSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70,933,020,000,000.00
Year-over-Year Change
-7.93%
Date Range
1/1/1990 - 1/1/2025
Summary
The Colombian Peso, Quarterly, Seasonally Adjusted trend measures the value of the Colombian peso against a basket of major currencies on a quarterly, seasonally adjusted basis. This metric is important for economists and policymakers to understand Colombia's international trade dynamics and exchange rate fluctuations.
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 series tracks the relative strength of the Colombian currency compared to other global currencies. It is a key indicator of Colombia's economic competitiveness and can influence the country's imports, exports, and foreign investment flows.
Methodology
The data is calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
This trend is widely monitored by economists, financial analysts, and policymakers to assess Colombia's macroeconomic conditions and guide relevant policy decisions.
Key Facts
- The Colombian peso is the official currency of Colombia.
- Colombia is a major trade partner of the United States.
- Exchange rate fluctuations can impact a country's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Colombian Peso, Quarterly, Seasonally Adjusted trend measures the value of the Colombian peso against a basket of major currencies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to understand Colombia's international trade dynamics and exchange rate fluctuations, which can influence the country's imports, exports, and foreign investment flows.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: This trend is widely monitored by economists, financial analysts, and policymakers to assess Colombia's macroeconomic conditions and guide relevant policy decisions.
Q: Are there update delays or limitations?
A: The data is provided on a quarterly basis, with a potential for short publication delays.
Related Trends
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Colombia
COLFCNODCHNUM
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Colombia
COLB6FAOI03CXCUQ
Value of Exports to Colombia from California
CACOLA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Credit Unions and Financial Cooperatives for Colombia
COLFCLODUHXDC
Infra-Annual Labor Statistics: Inactivity Rate Total: 15 Years or over for Colombia
COLLRINTTTTSTSAM
Number of Identified Exporters to Colombia from Indiana
INCOLA475SCEN
Citation
U.S. Federal Reserve, Colombian Peso, Quarterly, Seasonally Adjusted (COLXTIMVA01NCMLSAQ), retrieved from FRED.