What the TRM is, how it is calculated and how it affects the Colombian peso

FinanceColombiaPulzoOct 23, 2026, 9:32 AM35 s readAI summary

The Market Representative Exchange Rate (TRM) is the simple arithmetic average of the weighted rates of all US dollar-peso purchase and sale transactions settled the same day by supervised entities, including commercial banks, financial corporations, brokerage firms, FDN and Bancoldex. When the rate rises, the peso depreciates and imports become more expensive; when it falls, the peso appreciates, importing becomes cheaper but exporters may lose competitiveness. The report cites one dollar at 3,185.01 pesos.

In 35 seconds

The TRM is the simple arithmetic average of the weighted rates of dollar purchase and sale transactions against the peso.
Only transactions settled on the same day of negotiation at supervised entities are included in the calculation.
Commercial banks, financial corporations, brokerage firms, FDN and Bancoldex take part.

Read the full story at Pulzo

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

TRM
peso colombiano
dólar
divisas
Banco de la República

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What the TRM is, how it is calculated and how it affects the Colombian peso

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

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