TRM for Wednesday, January 16: full analysis
▼ $16.58 (−0.72%) vs. previous TRM
Valid on Wednesday, January 16.
What happened with the TRM
The TRM for Wednesday, January 16 was set at $2,280.73, down $16.58 (−0.72%) from the previous rate of $2,297.31. It is a strong move, more than twice the typical daily change of the past month (0.27%). It is the biggest drop since Tuesday, June 5, 2001.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,300.99) and below its 50-day average ($2,306.53), pointing to a short-term downward trend.
Year to date, the dollar is −0.46%; compared with a year ago, +1.43%. Over the past 52 weeks it has moved between $2,229.59 (Tuesday, February 13, 2001) and $2,378.41 (Friday, May 18, 2001); it is now at 34% 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 16 2002 | $2,280.73 | −0.72% |
| Jan 15 2002 | $2,297.31 | −0.31% |
| Jan 12 2002 | $2,304.54 | −0.30% |
| Jan 11 2002 | $2,311.57 | +0.23% |
| Jan 10 2002 | $2,306.35 | +0.00% |
| Jan 9 2002 | $2,306.31 | +0.47% |
| Jan 5 2002 | $2,295.59 | +0.25% |
| Jan 4 2002 | $2,289.91 | +0.02% |
| Jan 3 2002 | $2,289.42 | −0.08% |
| Dec 29 2001 | $2,291.18 | −0.44% |