TRM for Wednesday, January 29: full analysis
▲ $16.93 (+1.63%) vs. previous TRM
Valid on Wednesday, January 29.
What happened with the TRM
The TRM for Wednesday, January 29 was set at $1,057.00, up $16.93 (+1.63%) from the previous rate of $1,040.07. It is a strong move, more than twice the typical daily change of the past month (0.54%). It is the biggest rise since Thursday, August 17, 1995.
The TRM has now risen for 8 days in a row. It stands above its 20-day average ($1,022.25) and above its 50-day average ($1,008.09), pointing to a short-term upward trend.
Year to date, the dollar is +5.14%; compared with a year ago, +2.93%. Over the past 52 weeks it has moved between $994.02 (Wednesday, November 20, 1996) and $1,074.72 (Wednesday, June 5, 1996); it is now at 78% of that range, in the middle.
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 |
|---|---|---|
| Jan 29 1997 | $1,057.00 | +1.63% |
| Jan 28 1997 | $1,040.07 | +0.72% |
| Jan 25 1997 | $1,032.62 | +0.11% |
| Jan 24 1997 | $1,031.51 | +0.05% |
| Jan 23 1997 | $1,031.02 | +0.72% |
| Jan 22 1997 | $1,023.67 | +0.09% |
| Jan 21 1997 | $1,022.75 | +0.18% |
| Jan 18 1997 | $1,020.90 | +0.27% |
| Jan 17 1997 | $1,018.15 | −0.52% |
| Jan 16 1997 | $1,023.47 | −0.30% |