TRM for Friday, January 16: full analysis
▼ $23.23 (−0.85%) vs. previous TRM
Valid on Friday, January 16.
What happened with the TRM
The TRM for Friday, January 16 was set at $2,723.83, down $23.23 (−0.85%) from the previous rate of $2,747.06. It is a strong move, more than twice the typical daily change of the past month (0.30%). It is the biggest drop since Saturday, May 24, 2003.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($2,778.07) and below its 50-day average ($2,814.11), pointing to a short-term downward trend.
Year to date, the dollar is −1.96%; compared with a year ago, −6.25%. Over the past 52 weeks it has moved between $2,723.83 (Friday, January 16) and $2,968.88 (Tuesday, February 11, 2003); it is now at 0% of that range, close to the bottom.
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 2004 | $2,723.83 | −0.85% |
| Jan 15 2004 | $2,747.06 | −0.55% |
| Jan 14 2004 | $2,762.31 | +0.29% |
| Jan 10 2004 | $2,754.33 | +0.13% |
| Jan 9 2004 | $2,750.89 | −0.29% |
| Jan 8 2004 | $2,758.83 | −0.25% |
| Jan 7 2004 | $2,765.76 | −0.47% |
| Jan 6 2004 | $2,778.92 | +0.03% |
| Jan 3 2004 | $2,777.96 | −0.01% |
| Jan 1 2004 | $2,778.21 | 0.00% |