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TRM(official exchange rate) fixed at 2,388.11 from 4-9 through 4-13

The official rate was set at 2,388 for tomorrow. Since the Thursday and Friday are official holidays in Colombia. The rate of 2,388.11 will stay active through next Monday. Depending on how your bank updates the rate, you may start getting this rate tomorrow or as late as Tuesday.

By ColombianoGringo (Moderator) (Trustee board) on Apr 8, 2009, 15:04 in Friendly Talkzone.

BillBigD says on Apr 8, 2009, 15:34:

Cgringo- That should answer all exchange rates questions over the weekend. Thanks

1 funny, 0 helpful.

STEVENYCER says on Apr 8, 2009, 15:46:

Awesome!!! NO TRM posts til then!

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Boisegringo says on Apr 8, 2009, 16:47:

so, a bus is still about 50 cents...a taxi is still about $2 - $4 bucks... **yawn**

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ColombianoGringo (Moderator) (Trustee board) (☼Travelguide writer) says on Apr 8, 2009, 16:51:

People are always asking about the exchange rates. Consider it a public service. If you don't care, then keep it to yourself.

I'm so hip, I have difficulty seeing over my pelvis.

1 funny, 1 helpful.

ColombianoGringo (Moderator) (Trustee board) (☼Travelguide writer) says on Apr 8, 2009, 18:11:

I didn't mean that towards you Brians.

I'm so hip, I have difficulty seeing over my pelvis.

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davidyamiga says on Apr 8, 2009, 18:53:

Still a GREAT rate!

Otra vez en casa...Cali!

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njc (Dev team) (☼Travelguide writer) says on Apr 8, 2009, 21:12:

Cool... good info. CG, do you happen to know if there's a calendar/list with the dates for which the exchange rate will be fixed for extended periods?

1 funny, 1 helpful.

ColombianoGringo (Moderator) (Trustee board) (☼Travelguide writer) says on Apr 8, 2009, 22:45:

It happens any time their is a national holiday, which includes all Catholic holidays.

I'm so hip, I have difficulty seeing over my pelvis.

0 funny, 1 helpful.

Atrevido (☼Travelguide writer) says on Apr 10, 2009, 05:43:

I got a rate of $2.416 at an ATM yesterday April 9th. Maybe some lag time on fixing the rate.

https://sites.google.com/site/colombianaturesite/nature-images

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Miguel_Clavo says on Apr 10, 2009, 05:51:

So much for the "official" ATM rates....i withdraw money via ATMs several times a week and RARELY does the actual rate which shows up on my online account minutes later match the official ATM rate. i have even taken out money in the morning and an hour or so later again, and the two rates are different. i only use Bancolombia in Cartagena.

RVW orderded me to remove my tagline congratulating the PBH Mods New Golden Boys. Lame.

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wendell13 says on Apr 10, 2009, 06:41:

There seems to be a lot of variances. I only use Davavienda and I can go home instantly to check the rate that I got instantly. In my case it is usually pretty close to the rate published by the central bank. I have a Visa debit card with a very large credit union.

The receipt that I receive from the ATM machine does not show a balance. I thought that was pretty standard. Not too long ago I was talking to a friend of mine and he said his receipt shows a balance. We have both lived here several years. I prefer no balance to show on the receipt. I know 3 personal friends that have be robbed by the " paseo millionario " method. If it happened to me I wouldn't want the theives to see a receipt with the balance on it, they might hold on to me longer.

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ColombianoGringo (Moderator) (Trustee board) (☼Travelguide writer) says on Apr 10, 2009, 07:05:

It really depends on your bank. Some don't use the exact rate and others lag in updating it. Some banks also add exchange fees to the transaction. One of my banks follows the TRM consistently, while another appears to adjust it slightly to make a bit extra on the transactions. It serves as a general guide of what you should be getting. My point in posting this thread was mainly to let people know that it wouldn't be changing for several days due to the holiday.

I'm so hip, I have difficulty seeing over my pelvis.

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Miguel_Clavo says on Apr 10, 2009, 08:22:

Holidays and weekends it does remain constant, whatever rate it is..i agree...my bancolombia receipts only show the withdrawal amount.....with all the zeros in colombian currency i dont think the atm receipt is wide enough to show US balances...jajaj..

RVW orderded me to remove my tagline congratulating the PBH Mods New Golden Boys. Lame.

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ColombianoGringo (Moderator) (Trustee board) (☼Travelguide writer) says on Apr 10, 2009, 08:36:

Mine occasionally show the balance. It is certainly entertaining to see so many millions in my available balance. I'm sure the walmart gringos feel like real bigshots with a few hundred thousand in their accounts ;) jejejeje*

* jejejejes and jajajafor the benefit of laflora.

I'm so hip, I have difficulty seeing over my pelvis.

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