USD/COP (Colombian peso): price today and what moves it
USD/COP shows how many Colombian pesos one dollar costs. The Colombian peso depends heavily on oil, the country's main export, and on risk perceptions about Colombia and emerging markets.
USD/COP (Colombian peso) · USDCOP
3,195.42
Provider: market closed; last observation
Source: broker feed connected to AIMPATFX. Page refresh every two minutes. Prices may differ across providers and do not guarantee execution.
Check the contract: a stock, index or crypto CFD does not confer ownership of the asset. The broker symbol identifies its instrument; hours, spread and financing may differ from the reference market.
What is USD/COP (Colombian peso)?
USD/COP shows how many Colombian pesos one dollar costs. The Colombian peso depends heavily on oil, the country's main export, and on risk perceptions about Colombia and emerging markets.
What moves the price
Oil price
Crude is Colombia's largest source of foreign currency: rising oil usually supports the peso and falling oil weakens it.
Banco de la República versus the Fed
The rate differential affects capital inflows and the carry trade.
Fiscal and political risk
Public finances, the credit rating and political news affect the country risk premium.
Global risk appetite
In risk-off episodes investors leave emerging-market currencies and the dollar rises.
Check earnings and news against their publication dates, the economic calendar, liquidity and contract specifications. These factors explain risks; they do not alone determine a buy or sell decision.
When it moves the most
Colombia's interbank market trades on business-day mornings (Bogotá time), when liquidity concentrates; broker CFDs may trade longer hours with wider spreads.
Data and events to watch
- Banco de la República decisions
- Brent and WTI oil prices
- Colombian inflation (DANE CPI)
- Federal Reserve decisions
- Fiscal and credit-rating news
Before deciding
Define entry, invalidation and maximum loss. Size the position using tick value in your account currency. Include costs and check the quote before transferring levels from another provider.
Learn more
- Colombian and Chilean peso: what moves USD/COP and USD/CLP
- Colombia's central bank hikes rates to 12.25%: what next for USD/COP?
- Why the dollar is rising against the Mexican, Colombian and Chilean pesos
- WTI and Brent oil: price drivers and currency context
Frequently asked questions
Why does oil move the Colombian peso?
Because it is Colombia's main export: when crude rises more dollars flow into the country, which tends to strengthen the peso.
Can USD/COP be traded at any broker?
Not every broker offers it, and when they do it usually has wider spreads and limited hours. Check the specifications before trading.
What is the TRM?
The Tasa Representativa del Mercado is Colombia's official reference exchange rate, calculated from the previous business day's trades. It is not necessarily your broker's price.