TRM for Wednesday, October 28: full analysis
▼ $14.26 (−0.90%) vs. previous TRM
Valid on Wednesday, October 28.
What happened with the TRM
The TRM for Wednesday, October 28 was set at $1,576.38, down $14.26 (−0.90%) from the previous rate of $1,590.64. It is a strong move, more than twice the typical daily change of the past month (0.36%). It is the biggest drop since Tuesday, September 8.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($1,586.80) and above its 50-day average ($1,526.96), without a clear short-term trend.
Year to date, the dollar is +21.86%; compared with a year ago, +23.73%. Over the past 52 weeks it has moved between $1,281.18 (Thursday, November 6, 1997) and $1,599.15 (Friday, October 23); it is now at 93% 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 |
|---|---|---|
| Oct 28 1998 | $1,576.38 | −0.90% |
| Oct 27 1998 | $1,590.64 | −0.46% |
| Oct 24 1998 | $1,597.97 | −0.07% |
| Oct 23 1998 | $1,599.15 | +0.09% |
| Oct 22 1998 | $1,597.79 | −0.05% |
| Oct 21 1998 | $1,598.61 | +0.03% |
| Oct 20 1998 | $1,598.18 | +0.12% |
| Oct 17 1998 | $1,596.21 | +0.13% |
| Oct 16 1998 | $1,594.19 | +0.20% |
| Oct 15 1998 | $1,591.01 | −0.07% |