# Colombia Exchange Rate July 2019 - FocusEconomics

> The Colombian peso strengthened about 2.9% against the dollar in early July, trading at 3,212 per USD, helped by higher oil prices and a weaker greenback. Gains followed a loss in April and May tied to fiscal rule adjustments.

- Date: 2019-07-05 · published 2019-07-05T12:00:00.000Z
- Category: market · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/58359-colombia-exchange-rate-july-2019-focuseconomics
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A stronger peso reduces import costs for Colombian feed buyers, while oil-driven currency moves signal the broader macro backdrop for regional demand.

## Read by commodity

- USDCOP: bearish ▼

## Sources

- focus-economics.com: https://www.focus-economics.com/countries/colombia/news/exchange-rate/colombian-peso-gains-ground-in-june/

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