TRM for Thursday, May 8: full analysis
▼ $5.43 (−0.50%) vs. previous TRM
Valid on Thursday, May 8.
What happened with the TRM
The TRM for Thursday, May 8 was set at $1,075.05, down $5.43 (−0.50%) from the previous rate of $1,080.48. It is a move within the usual range, close to the typical daily change of the past month (0.33%). It is the biggest drop since Friday, March 7.
It stands above its 20-day average ($1,063.14) and above its 50-day average ($1,064.30), pointing to a short-term upward trend.
Year to date, the dollar is +6.94%; compared with a year ago, +1.08%. Over the past 52 weeks it has moved between $994.02 (Wednesday, November 20, 1996) and $1,084.09 (Wednesday, February 26); it is now at 90% 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 |
|---|---|---|
| May 8 1997 | $1,075.05 | −0.50% |
| May 7 1997 | $1,080.48 | +0.38% |
| May 6 1997 | $1,076.39 | +0.74% |
| May 3 1997 | $1,068.53 | +0.42% |
| May 1 1997 | $1,064.01 | +0.08% |
| Apr 30 1997 | $1,063.11 | −0.08% |
| Apr 29 1997 | $1,064.00 | +0.02% |
| Apr 26 1997 | $1,063.83 | −0.28% |
| Apr 25 1997 | $1,066.77 | +0.12% |
| Apr 24 1997 | $1,065.48 | +0.74% |