Euro opening value in Colombia this March 13 from EUR to COP

He euro paid at the start of the day 5,100.85 Colombian pesos on averagewhich represents a variation of 1.25% compared to the 5,037.80 Colombian pesos on average the day before.

In the past seven days, the euro mark a rise 1.19%so that last year there is still an increase of 20.31%.

For previous days, add four consecutive rising dates. The volatility referring to the last week is 14.44%, which is a figure significantly lower than the annual volatility data (21.03%), so it can be said that it is going through a period of greater stability in recent years. dates. .

HeColombian peso It is the legal currency in Colombia, it is usually abbreviated as COL and its circulation is controlled by the Banco de la República de Colombia.

Currently there are coins of 50, 100, 200, 500 and 1000 pesos in circulation, the latter had its first circulation between 1996 and 2002, however, it lost its acceptance because it was very easy to forge.

The 500 and 1000 peso coins are bimetallic, to improve their security and prevent them from being illegally reproduced; meanwhile, all denominations have designs alluding to biodiversity in the country, including the spectacled bear, flag macaw, glass frog, loggerhead turtle, among others

With him change of government In the 2022 elections, where Gustavo Petro was victorious, the country will have to maintain or improve the economic trend it has recorded after its vigorous recovery from the coronavirus pandemic.

Colombia continues to face major structural challenges: remains one of the most unequal countries in the world; inflation has undermined progress in restoring the poverty rate; and the current account deficit remains very high.

According to forecasts by the Economic Commission for Latin America and the Caribbean (Cepal), by 2023 the country will experience economic growth of 1.9%.