International Merchandise Trade Statistics: Trade Balance: Commodities for Colombia
Colombian Peso, Monthly, Not Seasonally Adjusted
COLXTNTVA01NCMLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7,467,048,000,000.00
Year-over-Year Change
77.99%
Date Range
1/1/1990 - 5/1/2025
Summary
This economic trend measures the monthly exchange rate of the Colombian peso against the U.S. dollar on a non-seasonally adjusted basis. It is a key indicator for monitoring Colombia's external trade and economic performance.
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 exchange rate is a fundamental economic indicator that reflects the relative strength and stability of Colombia's currency. Economists and policymakers use this data to assess the country's international competitiveness, import/export dynamics, and overall macroeconomic conditions.
Methodology
The data is collected by the Central Bank of Colombia and reported to the U.S. Federal Reserve's FRED database.
Historical Context
The peso exchange rate is closely watched by investors, traders, and economic analysts for insights into Colombia's economic trajectory and policy decisions.
Key Facts
- The Colombian peso is the official currency of Colombia.
- Colombia is a major exporter of commodities like coffee, oil, and coal.
- The peso exchange rate can impact the cost of imports and exports for Colombia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly exchange rate of the Colombian peso against the U.S. dollar on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The peso exchange rate is a key indicator for assessing Colombia's international competitiveness, trade dynamics, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Colombia and reported to the U.S. Federal Reserve's FRED database.
Q: How is this trend used in economic policy?
A: The peso exchange rate is closely watched by investors, traders, and policymakers for insights into Colombia's economic trajectory and policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 1-2 month lag.
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Number of Identified Exporters to Colombia from New York
NYCOLA475SCEN
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COLODCNPI03GYSAQ
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COLSPASTT01GYM
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Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Colombia
DDOI12COA156NWDB
Citation
U.S. Federal Reserve, Colombian Peso, Monthly, Not Seasonally Adjusted (COLXTNTVA01NCMLM), retrieved from FRED.