To calculate the TRM of the dollar, an average of the rates of the purchase and sale operations of North American dollars of the day is made. For the calculation to be representative, the transactions are weighted according to their amount and a simple arithmetic average is performed. The TRM can be consulted daily on the website www.dolar-colombia.com or in the Colombian Dollar mobile application.
Currently the Financial Superintendence of Colombia It is the one that calculates and certifies the TRM daily based on the operations registered on the immediately preceding business day. This entity is a technical body attached to the Ministry of Finance and Public Credit, with legal status, administrative and financial autonomy and its own assets.
The price of the dollar in Colombia for September 21, 2022 opened the day with an increase of 0.12% compared to the previous day. The TRM increased by 14.78% (569.16 Pesos) in reference to the same day of the previous year and rose by 0.46% (20.13 Pesos) compared to the same day of the previous month.
Comparison of the price of the dollar in Colombia
According to what was published by the Financial Superintendence of Colombia, The price of the dollar in Colombia for this Wednesday was $4,420.38 Colombian pesos.
How is the oil in Colombia?
According to the Republic Crude oil is on track for its first quarterly loss in more than two years as concerns about a global economic slowdown weigh on the outlook for energy demand. The Fed’s decision will be followed by other central banks from Europe to Asia, which are also expected to raise borrowing costs.
The price of a barrel of Brent oil, a reference for Colombia, has operated at 93.32 dollars, rising about +2.70 USD (+2.98%) compared to the previous close of the brent price on the European ICE stock exchange (delivery November 2022). Likewise, the price of a barrel of WTI oil operates at 86.47 dollars, rising some +2.53 USD (+3.01%) compared to the previous close of the WTI price on the New York Stock Exchange (delivery November 2022).