Dollar Exchange Rate in Colombia Today (TRM) | July 22, 2026

If you’ve checked the dollar price in Colombia recently, you might have noticed the peso is on a surprising run. The official exchange rate, known as the TRM, hit 3,238.19 Colombian pesos per US dollar on July 22, 2026 — its lowest level in years.

For deeper context, see our Precio del Dólar en Colombia Hoy: TRM y Conversión (Julio 2026).

Current TRM (USD to COP): 3,238.19 · Today’s change: -24.39 COP (-0.75%) · Monthly change: -202.64 COP · Buy price in Cartagena: 3,600 COP

Five key facts about the current rate, one pattern: the official TRM and the retail rate are two different numbers with different uses.

What is the dollar exchange rate in Colombia today?

Current TRM from Banco de la República

• The official TRM set by the Banco de la República (Colombia’s central bank) stands at 3,238.19 COP per USD for July 22, 2026.
• This represents a drop of 24.39 pesos from the previous day, according to market tracker ColombiaMove.
• Compared to one month ago (3,440.83 COP), the peso has strengthened by 202.64 COP.

Retail rates at exchange houses

• In practice, exchange houses apply a spread. In Cartagena, for example, the buy rate is 3,600 COP per USD — nearly 362 pesos above the official TRM.
• The sell rate (what you get when converting pesos back to dollars) is typically around 3,200 COP.

The implication: when you hear “the dollar is at 3,238,” that’s the legal reference rate. What you actually get at a bank or a casa de cambio is a different number — often higher if you’re buying dollars, lower if you’re selling.

How much is $100 USD in Colombian pesos?

Conversion formula: USD amount × TRM

• At the official TRM, $100 USD equals 323,819 COP.
• At the retail buy rate of 3,600 COP, $100 USD would fetch 360,000 COP.
• The difference: 36,181 COP (about $11 USD) — the cost of using a bank or exchange house instead of the central bank rate.

The trade-off: official TRM is for reference, retail is for real money. Know which one you’re quoting.

Will the dollar go up or down tomorrow?

Factors influencing the dollar price

• Global oil prices remain a key driver for Colombia’s peso, given the country’s export reliance.
• US monetary policy (Fed rate decisions) and investor appetite for emerging markets also play a role.

Short-term forecast based on market data

• On July 16, 2026, Bloomberg Línea reported that banks and brokers were revising their third-quarter 2026 dollar projections downward, with a cluster around 3,300–3,800 COP.
• JPMorgan’s projection sits at 3,450 COP (via Bloomberg Línea).
• Infobae Colombia reported on July 5 that analysts had a base case between 3,320 and 3,420 for July, with a possible rebound to 3,450–3,500 if profit-taking emerged.

The catch: even with bullish projections, short-term volatility makes precise timing impossible.

What is the TRM for tomorrow?

Official TRM vs. projected rate

• Tomorrow’s TRM is published daily at 12:00 PM Colombia time on the Banco de la República website.
• No one can guarantee tomorrow’s rate in advance, but the ANIF TRM indicator provides a real-time estimate.
• On July 16, 2026, ANIF’s indicator showed 3,233.91 COP.

The catch: the published TRM is backward-looking (based on the previous day’s trades). The future rate depends on market movements that occur between today’s close and tomorrow’s calculation.

For the traveler or small business owner in Colombia, the choice is clear: use the official TRM as a benchmark, but always check the retail rate at your local exchange point — or risk losing 10% on every transaction.