Dollar Price in Colombia Today: TRM Rate & Forecast
Anyone who’s checked the dollar against the Colombian peso this week already noticed the drop. The official TRM fell to $3,206.86 COP per USD on July 24, 2026 — a decrease of $31.33 from the previous day, according to the Banco de la República (Colombia’s central bank).
Current TRM: $3,206.86 ·
Daily change: -$31.33 ·
As of: 3 hours ago ·
Source: Dólar Colombia (market tracker)
Quick snapshot
- Official TRM today: $3,206.86 (Banco de la República)
- Drop of $31.33 from yesterday’s $3,238.19 (BanRep historical data portal)
- Official rate calculated by Superintendencia Financiera de Colombia based on prior day’s operations (Banco de la República)
- Exact TRM for tomorrow morning — not yet published (La República (financial daily))
- Whether the downward trend will hold through the week (La República (financial daily))
- Precise timing of when the dollar may rebound against the peso (La República (financial daily))
- July 23 TRM: $3,238.19 → July 24 TRM: $3,206.86 (Bloomberg Línea (business news))
- Forecast range for July 25: $3,190 – $3,220 (DolarHoy.co (rate aggregator))
- Banks and brokers revising Q3 2026 projections downward (Bloomberg Línea)
Five key rates, one pattern: the dollar has been losing ground against the Colombian peso for several days.
| Label | Value | Source |
|---|---|---|
| Current TRM | $3,206.86 | Banco de la República |
| Daily change | -$31.33 | BanRep historical portal |
| Previous TRM (July 23) | $3,238.19 | La República |
| Source | Banco de la República glossary | |
How will the dollar be for Colombia tomorrow?
Markets are pricing a further slight decline. The current forecast range for July 25 is $3,190 to $3,220, based on intraday trading data from Colombian exchange houses. The Superintendencia Financiera de Colombia calculates the official TRM using operations from the prior business day, so tomorrow’s rate will reflect today’s trading activity.
Current TRM rate and forecast
- Today’s TRM: $3,206.86 (Banco de la República glossary)
- Yesterday’s TRM: $3,238.19 — a drop of $31.33 (La República)
- Banks and brokers recently revised their Q3 2026 dollar projections lower (Bloomberg Línea)
What experts predict for tomorrow
The consensus from market trackers like Dólar Colombia and DolarHoy.co points to a range between $3,190 and $3,220. The downward trend is tied to oil price fluctuations and global capital flows into emerging markets. The implication: if you’re holding dollars to sell, tomorrow may offer a slightly lower peso amount per dollar.
For Colombian importers, a weaker dollar means cheaper raw materials and imported goods. For exporters and Colombians receiving remittances in dollars, the drop means fewer pesos for each dollar sent home — a direct hit to household incomes that rely on foreign currency.
The pattern: analysts expect the dollar to remain under pressure in the near term.
How much is $100 dollars in Colombian pesos?
Six common conversions, one formula: multiply dollars by the TRM to get pesos.
Conversion formula
- 1 USD = $3,206.86 COP — the official rate today
- $100 USD = 320,686 COP (100 × 3,206.86)
- $200 USD = 641,372 COP (200 × 3,206.86)
- $50 USD = 160,343 COP (50 × 3,206.86)
Table of common conversions
Five amounts, one pattern: the multiplier stays constant at today’s TRM.
| USD Amount | Conversion (COP) | Calculated Result |
|---|---|---|
| $1 | 1 × 3,206.86 | 3,206.86 COP |
| $50 | 50 × 3,206.86 | 160,343 COP |
| $100 | 100 × 3,206.86 | 320,686 COP |
| $200 | 200 × 3,206.86 | 641,372 COP |
| $500 | 500 × 3,206.86 | 1,603,430 COP |
The catch: banks and exchange houses apply a spread (usually between 20 and 100 pesos per dollar), so the rate you actually receive will be slightly different from the TRM.
What is the official TRM exchange rate in Colombia today?
The TRM — Tasa Representativa del Mercado — is the official reference rate for one U.S. dollar in Colombian pesos. It’s published daily by the Banco de la República and used for accounting, banking, and official transactions.
Definition of TRM
- TRM stands for Tasa Representativa del Mercado (Banco de la República)
- It represents the amount of Colombian pesos needed to buy one U.S. dollar (BanRep explanation)
- The rate is calculated based on foreign-exchange purchase and sale operations among financial intermediaries in Colombia (BanRep methodology)
- The Superintendencia Financiera de Colombia certifies the daily TRM using operations from the immediately preceding business day (BanRep)
Official sources for TRM
The two official sources are the Banco de la República’s Economic Statistics Portal (which offers interactive graphs, downloadable series, and per-date lookup) and the La República financial daily’s market indicators page (Tier 2 editorial source). Market trackers like Dólar Colombia and DolarHoy.co provide daily updates but are Tier 3 aggregators — useful for speed, less reliable for official record.
The takeaway: the TRM is the official reference, but actual rates vary by provider.
How do I convert Colombian pesos to dollars?
Three steps, one formula: divide pesos by the TRM to get dollars.
Step-by-step conversion
- Get the current TRM from Banco de la República’s official page or a trusted tracker.
- Take the amount in Colombian pesos you want to convert.
- Divide the peso amount by the TRM.
Example: 2,800,000 COP ÷ 3,206.86 = 872.93 USD. So 2 million 800 thousand Colombian pesos equals approximately $872.93 at today’s rate.
Using online converters
Tools like Colombia Move (converter for expats) and Dólar Colombia give real-time estimates, but they apply their own margin. The Banco de la República’s portal is the only source for the official, certified rate.
The implication: the official rate is just a starting point; actual transactions cost more.
Will the dollar go up or down?
The recent move has been downward. The TRM dropped from $3,238.19 on July 23 to $3,206.86 on July 24 — a decrease of 0.97% in one day. But near-term direction is uncertain.
Factors influencing the dollar in Colombia
- Oil prices: Colombia is an oil exporter; higher oil revenue strengthens the peso against the dollar.
- Global capital flows: emerging-market currencies like the peso gain when risk appetite rises.
- US monetary policy: higher Fed rates attract capital to the dollar, weakening the peso.
- Domestic economic data: inflation, growth, and political stability affect investor sentiment.
Recent trends
Banks and brokers recently revised their Q3 2026 dollar projections downward. The TRM hit $3,248 on July 14, the lowest since July 2019, according to Bloomberg Línea. However, the exact rate tomorrow remains uncertain — it depends on today’s trading volume and global market conditions. The pattern: the dollar has lost ground in July, but the speed and persistence of the decline are hard to predict. For Colombian households receiving dollars, the implication is clear: exchange now if you fear further drops, or wait if you believe the peso will weaken again.
The TRM applies only to transactions between financial intermediaries. The rate you get at a casa de cambio or bank counter includes a spread that can be 100 pesos or more above the TRM. For large transfers, compare rates across providers — the difference can cost you tens of thousands of pesos.
The catch: the actual rate you receive will always differ from the TRM.
Timeline: recent dollar price moves in Colombia
Three moments, one pattern: the dollar has been dropping steadily.
| Date | Event | Source |
|---|---|---|
| 2026-07-23 | TRM at $3,238.19 | La República |
| 2026-07-24 | TRM drops to $3,206.86 (-$31.33) | Banco de la República |
| Forecast 2026-07-25 | Expected around $3,190 – $3,220 | Dólar Colombia |
The catch: the TRM is fixed for weekends and holidays at the last business day’s level, so a Friday forecast may hold until Monday.
Clarity section: what’s confirmed and what’s not
Confirmed facts
- Current TRM is $3,206.86 (Banco de la República)
- Daily change of -$31.33 (BanRep historical data)
- Official rate from BanRep, based on previous business day’s operations
What’s unclear
- Exact rate tomorrow morning — not yet calculated
- Whether the downward trend will continue through the week
The confirmed facts give a clear picture of today’s rate, but tomorrow remains uncertain.
Key quotes and perspectives
“The TRM is calculated based on foreign-exchange purchase and sale operations among financial intermediaries in Colombia.”
— Banco de la República (Colombia’s central bank)
“Banks and brokers are revising lower their third-quarter 2026 dollar projections for Colombia.”
— Bloomberg Línea (financial news outlet)
The current TRM of $3,206.86 is a sharp drop from July’s earlier highs, and the trend points to a potential test of the $3,190 floor tomorrow. For Colombians receiving remittances or earning in dollars, the choice is immediate: exchange now at a relatively low rate, or bet on a rebound that analysts say isn’t imminent. For importers and businesses paying in dollars, the cost of imports just got cheaper — but locking in today’s rate may be smart if the peso strengthens further.
banrep.gov.co, suameca.banrep.gov.co, j2t.com, ai-101.co, itau.com.br
Frequently asked questions
What is the difference between TRM and the street rate?
The TRM is the official reference rate published by the Banco de la República. The street rate — what exchange houses and banks actually give you — includes a spread (markup) that can range from 20 to over 100 pesos per dollar.
How often does the TRM update?
The TRM is calculated and published once per business day by the Superintendencia Financiera de Colombia, based on the previous day’s foreign-exchange operations. On weekends and holidays, the TRM stays the same as the last business day’s rate.
Why is the dollar exchange rate different at banks?
Banks apply their own profit margin (spread) on top of the TRM. They also factor in demand, liquidity, and operational costs, which can make their rate 50–150 pesos higher or lower than the official TRM.
Is it better to exchange money at a bank or a casa de cambio?
Casas de cambio often offer better rates for small amounts, while banks may be more reliable for large transfers. Always compare the effective rate against the official TRM before exchanging.
How much is $50 dollars in Colombian pesos?
At today’s TRM of $3,206.86, $50 USD equals 160,343 COP. Exchange houses may give slightly less due to their spread.
What time does the TRM update?
The TRM is typically published by late morning Colombia time (around 10–11 AM), based on the previous day’s market data.
How can I protect against exchange rate fluctuations?
For large upcoming expenses in dollars, consider forward contracts or dollar-denominated savings accounts. For everyday needs, monitor daily TRM changes and exchange when rates are favorable.
These answers should help clarify common questions about the TRM and exchange rates.
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