TRM for Friday, January 31: full analysis
▼ $24.25 (−0.82%) vs. previous TRM
Valid on Friday, January 31.
What happened with the TRM
The TRM for Friday, January 31 was set at $2,926.46, down $24.25 (−0.82%) from the previous rate of $2,950.71. It is a move within the usual range, close to the typical daily change of the past month (0.57%). It is the biggest drop since Tuesday, November 19, 2002.
The TRM has now fallen for 2 days in a row. It stands above its 20-day average ($2,915.41) and above its 50-day average ($2,835.48), pointing to a short-term upward trend.
Year to date, the dollar is +2.15%; compared with a year ago, +29.21%. Over the past 52 weeks it has moved between $2,254.45 (Wednesday, April 10, 2002) and $2,965.60 (Wednesday, January 29); it is now at 94% 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 2003 | $2,926.46 | −0.82% |
| Jan 30 2003 | $2,950.71 | −0.50% |
| Jan 29 2003 | $2,965.60 | +0.59% |
| Jan 28 2003 | $2,948.30 | +0.81% |
| Jan 25 2003 | $2,924.73 | −0.07% |
| Jan 24 2003 | $2,926.88 | −0.68% |
| Jan 23 2003 | $2,947.05 | +0.45% |
| Jan 22 2003 | $2,933.81 | +0.26% |
| Jan 21 2003 | $2,926.06 | +0.08% |
| Jan 18 2003 | $2,923.58 | −0.16% |