So far in June 2023, the dollar has lost more than 260 pesos

The dollar in Colombia is living a June of ‘fallen layer’. And it is that during the sixth month of the year, the currency it has only recorded losses.

(See: Who wins and who loses with the dollar at less than 4,200 pesos).

The last time the coin had a profit was May 31. That day it had a Representative Market Rate (TRM) of 4,408.65 pesos and closed the day on the rise, so that on June 1 the TRM was 4,434.09 pesos.

In 10 days that go from the sixth month of the year, only losses have been registered. Between June 1 (TRM of 4,434.09 pesos) and June 10 (TRM of 4,173.66 pesos), the Dólar has fallen 260.43 pesos.

(See: Compared to the regional average, the dollar in Colombia would still be high).

Only in the last week, from June 5 (TRM of 4,355.80 pesos) to June 10 (TRM of 4,173.66 pesos), fell 4,355.80 pesos.

And there’s more: the downtrend in just 10 days of June is slightly higher than what the dollar lost during May.

During the fifth month of 2023, it dropped 260.35 pesos between day 1 (TRM of 4,669 pesos) and day 31 (TRM of 4,408.65 pesos).

Below is the behavior of the dollar between January and April 2023:

– January: lost 178 pesos (It opened on day 1 with a TRM of 4,810.20 pesos and closed on day 31 with a TRM of 4,632.20 pesos).

(See: If the dollar should be at $3,800, why is it worth more than $4,000).

– February: earned 159.44 pesos (It opened on day 1 with a TRM of 4,648.70 pesos and closed on day 28 with a TRM of 4,808.14 pesos).

– March: lost 186.84 pesos (It opened on day 1 with a TRM of 4,814.11 pesos and closed on day 31 with a TRM of 4,627.27 pesos).

(See: Why the dollar in Colombia is devalued despite the political crisis).

– April: earned 22.92 pesos (It opened on day 1 with a TRM of 4,646.08 pesos and closed on day 30 with a TRM of 4,669 pesos).

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