# Dollar exchange rate: Winners and losers of the revaluation of the Colombian peso | Más Colombia

> The Colombian peso has strengthened sharply in 2023, moving from almost 5,000 per US dollar in November 2022 to below 4,200 in late June. The article explains how peso appreciation and depreciation benefit or hurt different groups, such as exporters, remittance recipients and dollar debtors.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/35788-dollar-exchange-rate-winners-and-losers-of-the-revaluation-of-the-colombian
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A stronger peso lowers the peso cost of dollar-priced imports and reduces the local value of export earnings, which can ease input costs for Colombian feed producers. It has no direct effect on global feed commodity prices.

## Read by commodity

- USDCOP: bearish ▼

## Sources

- mascolombia.com: https://mascolombia.com/en/dollar-exchange-rate-winners-and-losers-of-the-revaluation-of-the-colombian-peso/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.