TRM for Friday, August 9: full analysis
▼ $4.47 (−0.43%) vs. previous TRM
Valid on Friday, August 9.
What happened with the TRM
The TRM for Friday, August 9 was set at $1,044.90, down $4.47 (−0.43%) from the previous rate of $1,049.37. It is a strong move, more than twice the typical daily change of the past month (0.21%). It is the biggest drop since Friday, December 8, 1995.
The TRM has now fallen for 5 days in a row. It stands below its 20-day average ($1,058.86) and below its 50-day average ($1,066.08), pointing to a short-term downward trend.
Year to date, the dollar is +5.80%; compared with a year ago, +13.56%. Over the past 52 weeks it has moved between $917.13 (Friday, August 11, 1995) and $1,074.72 (Wednesday, June 5); it is now at 81% of that range, close to the top.
The dollar on the international market during the session
USD/COP quote from the international currency market (Forex) in 1-minute candles, 8:00 a.m. to 1:00 p.m. Source: fastFOREX. It is not Colombia’s official spot dollar (SET-FX), which the Financial Superintendence uses to calculate the TRM.
There is no intraday international price data for this session.
TRM over the last year
Recent rates
| Valid from | TRM | Change |
|---|---|---|
| Aug 9 1996 | $1,044.90 | −0.43% |
| Aug 7 1996 | $1,049.37 | −0.21% |
| Aug 6 1996 | $1,051.61 | −0.24% |
| Aug 3 1996 | $1,054.10 | −0.07% |
| Aug 2 1996 | $1,054.87 | −0.25% |
| Aug 1 1996 | $1,057.47 | +0.07% |
| Jul 31 1996 | $1,056.74 | −0.23% |
| Jul 30 1996 | $1,059.18 | −0.22% |
| Jul 27 1996 | $1,061.48 | +0.04% |
| Jul 26 1996 | $1,061.03 | −0.04% |