The Colombian peso TRM swung three percent and back around the presidential handover. On a US$3,000 transfer, the timing was worth about US$90.
Colombia · MONEY
Key Facts
—Today’s rate: The official TRM in force for 10 August is 3,157.43 pesos to the dollar, covering 7 to 10 August.
—The round trip: 3,132.42 on 31 July, 3,230.44 on 4 August, 3,157.43 today — a swing of about three percent and back.
—Net effect: Over the ten days the peso is fractionally weaker against the dollar, not stronger.
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