Doria Sierra, CarlosDurango Ayazo, Jesús AbrahánVásquez Padilla, Sergio Eli2021-09-282021-09-282021-09-20https://repositorio.unicordoba.edu.co/handle/ucordoba/4576With the realization of this monograph, it is sought to characterize the importance of several fundamental concepts of the foreign exchange market, contributing to a better reading space, for its greater understanding, in this way any illiteracy space is filled. An analysis of the behavior of the dollar in Colombia was made, taking as a reference the year 2019, from which the circumstances in which the USD / COP currency was affected directly and indirectly, it is evidenced that not only the internal factors of a country they alter the currency, external factors have enough influence on the economy of a country, so much so that the weight of this influence can leave an economy on the ground or raise it less than one might expect; This analysis was carried out thanks to the different financial indicators and government statistics, maximizing the achievement of the objectives set out in this research, taking place with an effective reading of the events presented in said period of time. The price of the dollar in the last 10 years has largely skyrocketed, to the point of controlling the excessive use of imports with each rise. However, some conclusions and recommendations were made, as the growth of this currency puts us on alert, encouraging people to study the possible paths for an economic restructuring, it is to be considered that the currency market concerns many people in the world, whether they are sellers or buyers in this market, therefore, the constant updating of information is of vital importance, that is why at the time of decision making, current and truthful information is necessary, which allows taking the best decisions regarding the dollar market and at no time regret for small or large stumbles of each of those decisions.1. RESUMEN ...............................................................................................................52. ABSTRACT .............................................................................................................63. INTRODUCCIÓN ...................................................................................................74. OBJETIVOS ............................................................................................................84.1 OBJETIVO GENERAL ...............................................................................................84.2 ESPECÍFICOS ..........................................................................................................85. CAPÍTULO I: ASPECTOS CONCEPTUALES DEL MERCADO DE DIVISAS 95.1 CONCEPTO DE DIVISA.............................................................................................95.1.2 Tipos de divisas ............................................................................................. 105.2 MERCADO DE DIVISAS .......................................................................................... 115.2.1 Miembros del mercado de divisas .................................................................. 155.3 TIPO DE CAMBIO .................................................................................................. 165.4 VARIACIONES DEL TIPO DE CAMBIO ..................................................................... 175.5 OPERACIONES DEL MERCADO DE DIVISAS ............................................................ 195.6 ARBITRAJE DE DIVISAS......................................................................................... 215.7 ESPECULACIÓN DE DIVISAS .................................................................................. 236. CAPITULO II: ANÁLISIS DE LA TASA REPRESENTATIVA DEL DÓLAR Y SU COMPORTAMIENTO FRENTE AL TIPO DE CAMBIO DURANTE EL AÑO 2019 .............................. 246.1 TRM. ................................................................................................................... 24ANÁLISIS FUNDAMENTAL ..................................................................................... 26ANÁLISIS TÉCNICO ........................................................................................... 397. CONCLUSIONES Y RECOMENDACIONES .................................................... 427.1. CONCLUSIONES ................................................................................................ 427.2. RECOMENDACIONES. ........................................................................................... 438. BIBLIOGRAFÍA. .................................................................................................. 44application/pdfspaCopyright Universidad de Córdoba, 2021Trabajo de grado - Pregradoinfo:eu-repo/semantics/restrictedAccessAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)DivisaUSD-COPTRMAnálisis técnicoAnálisis fundamentalDivisaUSD-COPTechnical analisisTRMFundamental analisis