TRM for Wednesday, January 28: full analysis
▼ $30.61 (−1.11%) vs. previous TRM
Valid on Wednesday, January 28.
What happened with the TRM
The TRM for Wednesday, January 28 was set at $2,736.28, down $30.61 (−1.11%) from the previous rate of $2,766.89. It is a strong move, more than twice the typical daily change of the past month (0.42%). It is the biggest drop since Saturday, May 24, 2003.
It stands below its 20-day average ($2,757.32) and below its 50-day average ($2,796.16), pointing to a short-term downward trend.
Year to date, the dollar is −1.51%; compared with a year ago, −7.19%. 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 5% 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 28 2004 | $2,736.28 | −1.11% |
| Jan 27 2004 | $2,766.89 | +0.70% |
| Jan 24 2004 | $2,747.72 | +0.18% |
| Jan 23 2004 | $2,742.88 | +0.08% |
| Jan 22 2004 | $2,740.76 | +0.37% |
| Jan 21 2004 | $2,730.75 | +0.08% |
| Jan 17 2004 | $2,728.70 | +0.18% |
| Jan 16 2004 | $2,723.83 | −0.85% |
| Jan 15 2004 | $2,747.06 | −0.55% |
| Jan 14 2004 | $2,762.31 | +0.29% |