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Risk analysis before buying an apartment in Colombia

by PiterFreide » Thu Oct 23, 2025 4:06 pm

Hi! I heard you bought an apartment in Medellin? I'm seriously interested in this idea, but I'm concerned about currency risk. My savings are in dollars, but the purchase will be in pesos. How did you determine the best time to convert?
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Re: Risk analysis before buying an apartment in Colombia

by Jonaswill » Thu Oct 23, 2025 4:07 pm

Hi! Yes, that was one of the key moments in the whole process. When it comes to large sums, even small fluctuations in the exchange rate can cost thousands of dollars. I used a specialized resource for analysis so as not to act blindly. For example, I regularly studied forecasts and analytics on the website https://trading.biz/forecast/usd-to-cop. It was important for me to understand not only the current situation, but also how Colombian politics or US Federal Reserve decisions could affect the USD/COP pair in the medium term. This helped me divide the amount into several parts and convert it during the most favorable periods, which ultimately significantly reduced my expenses.
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