TRM for Friday, May 7: full analysis
▲ $32.25 (+1.21%) vs. previous TRM
Valid on Friday, May 7.
What happened with the TRM
The TRM for Friday, May 7 was set at $2,690.68, up $32.25 (+1.21%) from the previous rate of $2,658.43. It is a strong move, more than twice the typical daily change of the past month (0.43%). It is the biggest rise since Wednesday, May 21, 2003.
It stands above its 20-day average ($2,639.11) and above its 50-day average ($2,657.85), pointing to a short-term upward trend.
Year to date, the dollar is −3.15%; compared with a year ago, −5.82%. Over the past 52 weeks it has moved between $2,612.30 (Tuesday, April 20) and $2,912.46 (Thursday, May 22, 2003); it is now at 26% 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 |
|---|---|---|
| May 7 2004 | $2,690.68 | +1.21% |
| May 6 2004 | $2,658.43 | −0.24% |
| May 5 2004 | $2,664.79 | −0.23% |
| May 4 2004 | $2,670.92 | +0.59% |
| May 1 2004 | $2,655.18 | +0.31% |
| Apr 30 2004 | $2,646.99 | +0.42% |
| Apr 29 2004 | $2,635.96 | +0.57% |
| Apr 28 2004 | $2,620.97 | +0.27% |
| Apr 27 2004 | $2,613.94 | −0.34% |
| Apr 24 2004 | $2,622.74 | +0.17% |