TRM for Friday, January 31: full analysis
▲ $13.15 (+1.24%) vs. previous TRM
Valid on Friday, January 31.
What happened with the TRM
The TRM for Friday, January 31 was set at $1,070.97, up $13.15 (+1.24%) from the previous rate of $1,057.82. It is a strong move, more than twice the typical daily change of the past month (0.58%).
The TRM has now risen for 10 days in a row. It stands above its 20-day average ($1,028.15) and above its 50-day average ($1,010.69), pointing to a short-term upward trend.
Year to date, the dollar is +6.53%; compared with a year ago, +4.17%. 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 95% 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 |
|---|---|---|
| Jan 31 1997 | $1,070.97 | +1.24% |
| Jan 30 1997 | $1,057.82 | +0.08% |
| 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% |