2024-03-01 09:48:22
According to a study by Valora Analitik, in the month of February, the Colombian peso was ranked in the top three of the currencies that depreciated the most in the region.
In the month of February, the Colombian peso It was ranked in the top three of the currencies that depreciated the most in the region.
Within the ‘ranking’ carried out by Valora Analitik, the Chilean peso was the currency that depreciated the most, presenting a fall of 4.07% once morest the dollar.
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Colombian peso. Photo: Valora Analitik
It was followed by the Brazilian real, which showed a devaluation of 1.12%.
In third place was the Colombian peso that depreciated 0.47%, that is, the one that depreciated the least of these three.
These were the currencies that appreciated the most in February
On the contrary, the Peruvian sol and the Mexican peso were the currencies that were revalued the most.
According to the information From the Valora Analitik ranking, the currency that appreciated the most in the second month of the year was the Mexican peso with a revaluation of 0.57%.
And the Peruvian sol was on that path, which showed a gain once morest the dollar of 0.23%.
What to expect from the Colombian peso in 2024?
According to the market, It is expected that this year the dollar in Colombia does not have greater volatility, as it occurred in 2023.
According to Banco Itaú forecasts, it is expected that exchange rate ends 2024 at around $3,900.
“The exchange rate will be at levels of $3,900, “We continue to see that it is a fairly optimal level,” said Carolina Monzón Urrego, economic research manager at Itaú Colombia.
According to the entity, in 2023 the dollar in Colombia was one of the currencies that appreciated the most in the region.
It is worth mentioning that this year the currency started near $3,900 and so far it has been maintaining that trend.
On the other hand, the consensus of analysts surveyed by the Bank of the Republic predicts that it will end month of February on average at $3,944.
However, projections for the end of this year predict that this will increase, since in the previous survey it was predicted that it would end on average at $4.004 and is now expected to end at $4.041.
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