CAD/COP Price & Performance (CADCOP)

The latest betting markets indicate a growing probability of a Trump victory in the upcoming U.S. elections, now at 60%. Market sentiment suggests mixed implications for the USD, with potential volatility depending on his policy direction. Meanwhile, Biden's odds have declined, and Harris has gained traction in the race.1

Recent trends show the Canadian Dollar strengthening against the Colombian Peso, with the exchange rate fluctuating between 2846 and 2894 COP per CAD over the past two weeks. The currency's relative stability reflects broader economic conditions and investor confidence in the Canadian economy.2

Projections for the USD to COP exchange rate suggest a downward trend, with March 2025 expected to close at 3638 COP per USD. This marks a 12.3% decline from earlier levels, driven by broader economic adjustments and reduced demand for USD in Colombian markets.3