US EditionColombian Peso, Latin America’s Most Revalued Currency in May
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May began with a exchange rate above $4,250 and rebounded to exceed $4,300 on day 6. Photo: Banco de la República. Colombian peso again led as the most revalued currency in Latin America within the region's main currencies against the US dollar, with a 2.57 % gain in May. Although in April the peso recorded devaluations for the first time in the year (1,27 %), in the last months of 2024 and until February this year it had occupied the first plac…
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