• TRM (USD/COP)COP 3,237.83 +0.30% +COP 9.57Colombia's official exchange rate (Financial Superintendence), valid Nov 7 to Nov 9
  • EuroCOP 3,615.02 +0.30% +COP 10.68Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
  • Mexican pesoCOP 173.11 +0.30% +COP 0.51Reference: TRM crossed with the European Central Bank rate of Nov 6; not the market quote
Quilla NewsFinance & Technology
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Colombia pays less and less in cash, yet more banknotes circulate

FinanceColombiaValora Analitik10 s readAI summary
Image: Valora Analitik

In Colombia, cash use for payments is declining while digital wallets and transfers grow, though physical money remains relevant for lower-income households and the number of banknotes in circulation keeps rising, according to Valora Analitik.

Read the full story at Valora Analitik

IASummary generated by artificial intelligence from a story by Valora Analitik. It may contain errors: the original source prevails.

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