The USDCOP experienced a decline of 14.8200, or 0.35%, closing at 4,185.9300 on Thursday, Stember 26. This is a notable drop from the previous trading session, where it stood at 4,200.7500.
Historically, the USDCOP peaked at an all-time high of 5118.38 in November 2022, marking a significant moment in the currency's volatility.
Looking ahead, analysts project that the Colombian Peso will trade at 4207.67 by the end of this quarter, with expectations to rise to 4290.45 over the next 12 months, as indicated by global macro models.