TRM for Friday, July 16: full analysis
▼ $19.41 (−0.73%) vs. previous TRM
Valid on Friday, July 16.
What happened with the TRM
The TRM for Friday, July 16 was set at $2,642.78, down $19.41 (−0.73%) from the previous rate of $2,662.19. It is a strong move, more than twice the typical daily change of the past month (0.26%). It is the biggest drop since Saturday, May 29.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($2,688.16) and below its 50-day average ($2,707.78), pointing to a short-term downward trend.
Year to date, the dollar is −4.87%; compared with a year ago, −8.22%. Over the past 52 weeks it has moved between $2,612.30 (Tuesday, April 20) and $2,907.41 (Thursday, October 2, 2003); it is now at 10% 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 |
|---|---|---|
| Jul 16 2004 | $2,642.78 | −0.73% |
| Jul 15 2004 | $2,662.19 | −0.46% |
| Jul 14 2004 | $2,674.41 | +0.16% |
| Jul 13 2004 | $2,670.01 | +0.04% |
| Jul 10 2004 | $2,668.83 | −0.32% |
| Jul 9 2004 | $2,677.42 | +0.09% |
| Jul 8 2004 | $2,675.05 | +0.08% |
| Jul 7 2004 | $2,672.95 | −0.04% |
| Jul 3 2004 | $2,674.10 | −0.30% |
| Jul 2 2004 | $2,682.25 | −0.44% |