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Dollar is approaching 1-year high against Colombian Peso

For the longest time, we've gotten all too acustomed to the Dollar hitting new lows against pretty much all major currencies. Well, I have good news for you: The Dollar is now approaching a 1-year high against the Colombian Peso. As of today, one Dollar is worth 2,188 Pesos (today's datapoint is not reflected in the chart below).

Dollar vrs. Colombian Peso as of 10/2/2008 (2 year history)

 

 

The Dollar had hit a scary low of ~1,650 Pesos just in July this year. From there, it staged a stunning come back, improving a whopping 33%, that's a value increase of 1/3!

 What does this mean to you? Your vacation in Colombia is now 1/3 cheaper than it used to be this summer! Your Dollars actually can be used to buy something again. Let's keep these candles lighted!

Have a good day!

Girlfriend 4 A Week


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