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Posted on May 18, 2024

The USD to Colombian Peso exchange rate in January 2 0 2 3 was 4 , 8 0 0 Colombian Pesos per dollar. The current

The USD to Colombian Peso exchange rate in January $2023$

was $4, 800$ Colombian Pesos per dollar. The current exchance rate is $3, 900$ Colombian Pesos per dollar.

Now Answer: a $)$ Has the Colombian Peso depreciated or appreacited versus the USD? b $)$ How much in $%$ has the Colombian peso depreciated or appreacited versus the USD?

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