2024-01-24 15:15:16
The dollar is one of the favorite currencies of many savers both in Colombia and in other countries that have emerging currencies. The currency represents a safe haven for many people’s assets, as it is part of one of the most solid economies in the world, that of the United States.
Saving in this currency makes it possible to face inflation, since it is not affected by the increase in prices in the country. In fact, the devaluation of the local currency allows the dollar to strengthen and savers to have greater profits.
Another benefit of saving in that currency is the greater opportunities it provides for international investment, since according to the Global 66 portal, many foreign investments require transactions to be carried out in dollars, so having these currencies allows you to diversify your portfolio. .
In Colombia there are several alternatives to save on the greenback. One of the most common is the purchase of physical dollars. This consists of buying the currency and then storing it waiting for it to revalue. Then they sell it in the market and take advantage of the profits it can give.
Loss in US dollar. The red arrow chart shows a drastic drop once morest the background of the US dollar. Selective focus. Horizontal composition with copy space. | Photo: Week
Price of the dollar in exchange offices for this January 24
Exchange houses play an important role in saving physical dollars, since these establishments allow you to acquire the currency without problem and at a rate that is sometimes more favorable than that set by banks.
Keep in mind that if you are going to buy dollars (exchange pesos for dollars), you will have to look for the exchange house with the lowest selling price.
On the contrary, if what you want is to sell dollars (exchange dollars for pesos), what you should do is look for the exchange house with the highest purchase price. The exchange houses are buying dollars at an average price of $3,740 and They are selling them at a price of $3,860 this Wednesday, January 24.
- City – Purchase price – Sale price
- Bogotá D.C.: $ 3.770 – $ 3.850
- Medellín: $ 3.630 – $ 3.810
- Cartagena: $ 3.600 – $ 3.840
- Cúcuta: $4,030 – $4,180
- Pereira: $ 3.760 – $ 3.900
The concept of dollar exchange rate fluctuations. Arrows that appear up and down. Currency circulation. Buying and selling dollars. The value of the currency. The American real estate market. | Photo: Week
- Changes Vancouver: Buy: $3,780 – Sell: $3,820
- Capital Changes: Buy: $3,760 – Sell: $3,820
- Unicambios: Purchase $3,660 – Sale: $3,820
- Llerascambios: Buy $3,630 – Sell: $3,800
- Surchanges: Purchase $3,660 – Sale: $3,800
On the other hand, if you want to analyze the behavior of the currency in the last week, take these values into account.
- City – Purchase price – Sale price
- Wednesday, January 24, 2024: $3,740 – $3,860
- Monday, January 22, 2024: $3,750 – $3,880
- Sunday, January 21, 2024: $3,750 – $3,880
- Saturday, January 20, 2024: $3,760 – $3,890
- Friday, January 19, 2024: $3,780 – $3,900
Remember that exchange control is normally carried out by the National Tax and Customs Directorate. The entity specifies that a person entering or leaving the country can carry up to the sum of 10,000 US dollars, which is regarding 39 million pesos, without having to declare it.
Economic graph: green rising arrow and one dollar bills. | Photo: Javier Ghersi. All rights reserved.
If it exceeds this figure, the traveler must pay the corresponding taxes both when entering and leaving the country.
1706119441
#currency #trading #Wednesday #January
