TRM for Wednesday, January 8: full analysis
▲ $40.27 (+1.42%) vs. previous TRM
Valid on Wednesday, January 8.
What happened with the TRM
The TRM for Wednesday, January 8 was set at $2,881.83, up $40.27 (+1.42%) from the previous rate of $2,841.56. It is a strong move, more than twice the typical daily change of the past month (0.54%). It is the biggest rise since Wednesday, August 14, 2002.
It stands above its 20-day average ($2,822.55) and above its 50-day average ($2,776.39), pointing to a short-term upward trend.
Year to date, the dollar is +0.59%; compared with a year ago, +25.54%. Over the past 52 weeks it has moved between $2,231.98 (Friday, January 25, 2002) and $2,888.23 (Thursday, October 3, 2002); it is now at 99% 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 8 2003 | $2,881.83 | +1.42% |
| Jan 4 2003 | $2,841.56 | −0.11% |
| Jan 3 2003 | $2,844.82 | −0.70% |
| Dec 31 2002 | $2,864.79 | +0.37% |
| Dec 28 2002 | $2,854.29 | +0.38% |
| Dec 27 2002 | $2,843.57 | +0.69% |
| Dec 25 2002 | $2,823.95 | −0.07% |
| Dec 24 2002 | $2,826.04 | +0.40% |
| Dec 21 2002 | $2,814.71 | −0.14% |
| Dec 20 2002 | $2,818.54 | −0.01% |