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US$ equals 2067COP

Up another 2%

By BillBigD on Sep 8, 2008, 12:03 in Friendly Talkzone.

esanch36 says on Sep 8, 2008, 12:24:

my trip is getting cheaper

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OneHappyBoy says on Sep 8, 2008, 12:49:

now if we can translate this to the cost of airfare- that would be more than cool!!!

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viajero123 (☼Travelguide writer) says on Sep 8, 2008, 13:01:

This will only affect Colombian internal airfares, not the international ones. Colombian national airfares will be cheaper when you pay in dollars.

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gringoloid (Trustee board) says on Sep 8, 2008, 13:10:

we need to get pedro out of the contest.

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viento5 says on Sep 8, 2008, 13:31:

Anyone know an ATM in Bogotá that offers the highest maximum withdrawl limit? I could only get $300.000 pesos from atms, and it seems the ATMs offer the best conversion rate (less the $5 international ATM fee)

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gringoloid (Trustee board) says on Sep 8, 2008, 13:34:

i use citibank........when you get to the screen, change the amount to 800.000.

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viajero123 (☼Travelguide writer) says on Sep 8, 2008, 14:00:

viento get a Capital One ATM card. It has been repeatedly posted here that this card charges no ATM fees and no international charges whatsoever.

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OneHappyBoy says on Sep 8, 2008, 14:12:

We use citibank ATMs in Colombia.. My bank in the US, doesn't charge fees, and I don't think we have ever paid more than a buck of two in the ATM transaction and less than $5 on the exchange rate... Capital One is great, as viajero has said...

We did the wire services when my wife was in Colombia... I felt fleeced by the fees and the shitty exchange rate.. never again...

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jonas says on Sep 8, 2008, 16:10:

Banco Davivienda allows you to withdraw 500mil per transaction. Some others too.

Mi alma se la dejo al diablo

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goin_south says on Sep 8, 2008, 16:22:

Maybe we can get it outta rocinante,... about 'WHEN' it's going to take that U-turn back down.... after elections?? Christmas??? The Easter Bunny?

Why Not Colombia?..........Stay Tuned, for more.... utterly worthless, self-indulgent gobbets of nonsense.

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davidslc46 says on Sep 8, 2008, 17:45:

I believe people have posted that Citi Bank ATM's have an 800,000 withdrawl capability.

David

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quantum says on Sep 8, 2008, 17:58:

I give it another month or so. Yea, more or less election time. After that my best guess is the $$ heads back down into the dustbin of history to use "sovereign society" financial guru lingo. All their reasoning is sound. The only amazing thing is that its going up again right now. dont expect it to last. Buy now, while the sale is still on.......

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gringoloid (Trustee board) says on Sep 8, 2008, 18:41:

hmmmm........do they know something about the dollar that we don't?

http://www.iht.com/articles/ap/2008/09/07/business/LA-Brazil-Argentina...

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Dolfi says on Sep 9, 2008, 00:48:

The Euro is down to 1,41 for a Dollar from 1,55 some weeks ago, but the colombian peso is at allmost 3000 for a € from 2800 in the same time. Anybody has an idea why this is so?

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OneHappyBoy says on Sep 9, 2008, 05:03:

Colombian Inflation- relative to Europes inflation and how that is factored into interest rates. Supply of money (COP), relative strength of the Dollar. Colombian's government choosing to stop buying its currency on the foriegn market.

Low valued COP makes Colombian's exports relatively less expensive, and therefore, hopefully, stimulates the economy...

Colombia had some seriously high growth the last few years.... and they could afford a strong COP policy. Now, with a weaker world economy, it benefits Colombia to have a weaker peso, to stimulate trade, increase tourism, and investment...etc...

Pretty much the generic money policy, but what I have read, this is pretty much the issues...

The USD will continue to strengthen, as long as the financial markets continue to strengthen. If we get another hit, like a huge bank collapse, the dollar will sink....

For my own selfish reasons, I wish the US would buy euro dollars on the foriegn exchange market to prop the dollar up more..(drive down oil and take cash out of the coffers of middle eastern countries)

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esanch36 says on Sep 9, 2008, 06:36:

2088!....mmmm but i just thought of something....im going to colombia right after the elections in Nov. if obama wins it might head back under 2000...damn

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gimmedub says on Sep 9, 2008, 06:43:

if obama wins the dollar will go UP and the peso DOWN

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scumbuster says on Sep 9, 2008, 07:53:

The way Obama will be spending money the value will go down. Bigger defecate. More inflation. Higher interest rates.

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esanch36 says on Sep 9, 2008, 08:07:

hahahhaha you said defecate.....I know what you really meant but in so manyyyyy ways that is right.....hahahhahahah the government will be defecating bigger if obama is prez.

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gringoloid (Trustee board) says on Sep 9, 2008, 08:40:

defecate..........jaja, that's the best play on words i've seen here in awhile.........

all kidding aside.......the federal reserve runs the economy through monetary policy.........The Senate controls fiscal policy like taxatation............the House conrols spending........

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tomtom33 (☼Travelguide writer) says on Sep 9, 2008, 08:55:

And the President gets the blame.

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gringoloid (Trustee board) says on Sep 9, 2008, 09:57:

tom, sometimes i think people believe the president is some kind of a dictator that can bring on big changes when he is just a spokesman for the executive branch.

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miamimike says on Sep 9, 2008, 11:59:

The way Obama will be spending money the value will go down. Bigger defecate. More inflation. Higher interest rates
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With our Record Trillion(S) Deficit accumulated under Bush, how can it possibly be any worse under Obama? Why put the SAME party back in office who creatd the Mess and Esp McCain who voted with Bush on his issues over 90% of the time. McCain is NO agent of change! Now if Repub Ron Paul was in McCain's Shoes, yes, I would agree, Ron Paul really could be called an Agent of Change but not McCain. McCain says he is against all the $$$ Lobyists yet just last week at his Convention, who was there but all the Big Money Lobbyists spending Big Bucks throwing all those Lavish Parties, Golf Matches. And those Lobbyists will be looking to McCain for BIG favors if he is voted in. Where is the Change?

Avatar Legend: Bush "If any of you Reporters are wondering, it was a Size 10"

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scumbuster says on Sep 9, 2008, 12:37:

The problem with Obama will be that there will be no checks and balance. Dems top to bottom. I don’t like McCain but unfortunately we must all plug our nose and vote for one or the other. Unless Ron Paul says something good at his press conference tomorrow morning looks like I will be stuck voting for McCain and I really don’t want to. We cant afford Dems having control of everything and ramming spending down our throats. MM you turn such a blind eye to Obama. lol Its laughable.
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McCain says he is against all the $$$ Lobbyists yet just last week at his Convention, who was there but all the Big Money Lobbyists spending Big Bucks throwing all those Lavish Parties, Golf Matches. And those Lobbyists will be looking to McCain for BIG favors if he is voted in.
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Don’t tell me you have the gall to say it’s not the same for Obama. And all the earmarks he takes. At least McCain has never taken earmarks. Although it really pains me to defend McCain..lol But people are so blind with Obama just because he gives a good speech.

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scumbuster says on Sep 9, 2008, 12:43:

Tell you what. I will vote for Obama if he agrees to balance the budget. He can spend it for what ever he wants then.

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esanch36 says on Sep 9, 2008, 13:03:

Yet Obama doesnt even have the balls to vote on alot of issues instead he votes "present" on alot of things.

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miamimike says on Sep 9, 2008, 13:15:

I rememberthe republicans saying the same thing about Bill Clinton in 1992 about his claims on reducing the Budget yet the net result 6-7 years later was a Surplus. I could never vote ofr a Guy who has voted along with a Guy 90% of the time as someone who now says he is all for change. McCain needs a Pair of Flip Flops along with Palin who "Was for the Bridge to nowhere before she was against it" LOL

Avatar Legend: Bush "If any of you Reporters are wondering, it was a Size 10"

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tomtom33 (☼Travelguide writer) says on Sep 9, 2008, 13:30:

We can point fingers at the guy in the White House all we want. But he/she is basically irrelevant when it comes to the economy and the deficit(I do like defecate) and the vast majority of other stuff as well.

The Republicans and Democrats have different slants on things, but they are all politicians. They live on spin, talking points, special interest money, and pandering. It is a very imperfect system for a very imperfect people. But I don't know a better way to do it.

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quantum says on Sep 10, 2008, 09:08:

Well said MiamiM. A writein vote for Ron Paul is a vote for reason. O´bama has turned out to be a huge disappointment unfortunately and McCain? We should all know where hes comin from. I am done with both parties. They are both frauds!

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tomtom33 (☼Travelguide writer) says on Sep 10, 2008, 10:07:

Mike, you gotta get off those talking points. Bush doesn't vote. And probably 90% of all votes in both houses are voice-vote unanimous. If there ever was a politician who never changed a position, I would never vote for him/her.

In this election a write-in vote for anyone is a wasted vote.

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quantum says on Sep 10, 2008, 15:34:

Yeah tomtom, but in a rigged game, what are u gonna do? Just get sucked in like the rest of em and allow them to play u like a fiddle? Yeah, in a strict practical sense its a wasted vote, but sinembargo, its still a vote for reason and truth. And u have to know that nothing important is really gonna change otherwise. The American polital scene is nothing more than a predictable grade B hollywood movie, where I fall asleep on the sofa before the conclusion.....

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tomtom33 (☼Travelguide writer) says on Sep 10, 2008, 15:40:

Life is a rigged game, and it plays me daily.

I am disgusted and excited by US politics. While I would prefer to see McCain elected, I think that Obama would do a great job as well. This is the only game we have. I choose to play.

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Robert Jorge says on Sep 11, 2008, 22:59:

I read somewhere that McCain actually voted with Bush about 50% of the time. Anybody actually have the real stats?

He who farts in church, sits in his own pew.

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goin_south says on Sep 11, 2008, 23:06:

WE FEEL YOUR PAIN... TOMTOM33... LOL

Why Not Colombia?..........Stay Tuned, for more.... utterly worthless, self-indulgent gobbets of nonsense.

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tomtom33 (☼Travelguide writer) says on Sep 12, 2008, 03:11:

RJ, figures lie and liars figure. Because of the fact that the vast majority of votes are unanimous voice votes, everyone voted the same over 90% of the time. Yes, that means that Obama voted with Bush over 90% of the time.

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