Dollar Drops Sharply in Colombia as Mexican Peso Holds Strong: Here’s Today’s Exchange Rate
Posted on08/19/26 at 05:10
The dollar delivered its biggest surprise in Colombia on Wednesday, where it plummeted, while in Mexico the peso continues to hold its ground and in the Dominican Republic the US currency rose again.
Why it matters: Today’s changes can be felt differently depending on what you need to do with your dollars.
- A decline can favor those looking to buy dollars, but it can also reduce the amount of local currency that those exchanging dollars or relying on remittances receive.
This is How the Dollar Fared in Mexico, Colombia, and the Dominican Republic on August 19
Dollar in Mexico
The Mexican peso remains strong on Wednesday. According to data from Banxico, the dollar is trading at 17.0638 Mexican pesos, a small increase from the 17.0245 registered on Tuesday.
In the currency exchange market, prices are:
- Purchase: $16.74
- Sale: $17.29
At Banco Azteca, the dollar is trading at:
- Purchase: $16.70
- Sale: $17.84
Although the change from Tuesday is small, comparing prices remains important. A person who needs to buy dollars may end up paying a different value depending on the bank or establishment they use.
The Dollar Plummets in Colombia Today
Colombia registers the strongest change of the three countries on Wednesday. According to data from the Banco de la República, the dollar fell to 3.057,720 Colombian pesos, after being at 3.127,456 pesos during the previous day.
The difference is nearly 70 Colombian pesos in just one day.
However, in the currency exchange market in Bogotá, prices remain at:
- Purchase: $3.250
- Sale: $3.320
This difference shows why the reference value does not necessarily match what a person will find when they go to exchange cash. Before making a transaction, it’s a good idea to check how much they are really offering for each dollar.
Dollar Quotation in the Dominican Republic
The scenario is different in the Dominican Republic, where the dollar rose again.
According to data from the Central Bank, on Wednesday prices are:
- Purchase: RD$58.74
- Sale: RD$59.09
For those who need to buy dollars, the increase means paying a bit more in Dominican pesos. On the other hand, those who arrive with dollars to exchange them may receive a slightly larger amount of local currency.
The Decline in Colombia Marks the Day
The most important movement on Wednesday is in Colombia. The strong decline of the dollar contrasts with the small change registered in Mexico and the rise observed in the Dominican Republic.
For those who send or receive money, buy dollars to travel, or simply need to exchange them, the most useful data is not always just the reference value. Checking available purchase and sale prices can make a difference in the final amount paid or received.
What’s Next: What does the strong decline of the dollar in Colombia mean for your wallet? Check who can benefit, who may receive less for their dollars, and what you should look at before exchanging money.