PBH / Colombia / Forums (active) Travelguide Cheap hostels Pictures

Cambio

The official rate of exchange is about 2500 but the El tiempo lists the rate in the casas de cambio as 2100 and my novia says that currently in Monteria the dollar is fetching only 1000 pesos because the area is flooded with dollars. I told her I didnt think that could be possible. Could it?

Vanwely

By vanwely on Nov 4, 2004, 08:50 in Friendly Talkzone.

brunito says on Nov 4, 2004, 09:15:

Use ATMs When I was down in Colombia 2 weeks ago, I used solely ATM cards and credit cards. For CAD-COP exchange, I got about $2,000 COP to $1 CAD with fees and all.

A lot less troublesome then to go to a Casa de Cambio or else...

0 funny, 0 helpful.

Gator says on Nov 4, 2004, 10:04:

$1,000 to 1? Not Possible last time for than was about 1998 TRM Rate today(hoy) is 2561.28
Casas de Cambio: compra (buy)$2.050.00, venta (sell)$2.100.00
Use a Debit Card from your bank and you should get about 2485/1 USD with a fee transaction fee of maybe $2.00 USD.

I live here and only change, for the most part, $$$$$$$ for pesos with select small private business who need dollars to buy US goods and to travel to the USA to make purchases-most are clothing stores.
Other than that is use a debit card on a Miami bank where I have funds deposited.

How about back in the 1980's I can remember 140 pesos to 1 USA

"Bene, cum Latine nescias, nolo manus meas in te maculare" .

0 funny, 0 helpful.

Desideria (Moderator) says on Nov 4, 2004, 10:52:

tinto "they gave me 24000 COP to the dollar"
tell me the name of that place and I'll be on my way to change my money...
Cheers,
Desi

A fronte praecipitium a tergo lupi

0 funny, 0 helpful.

brunito says on Nov 4, 2004, 12:22:

The 2000 COP to 1$ CAD is of course... referring to the canadian dollar...

And it is the rate I got from ATM machinesboth for credit card as well as ATM withdrawallls.

0 funny, 0 helpful.