TRM for Tuesday, January 24: full analysis
▼ $7.37 (−0.32%) vs. previous TRM
Valid on Tuesday, January 24.
What happened with the TRM
The TRM for Tuesday, January 24 was set at $2,262.04, down $7.37 (−0.32%) from the previous rate of $2,269.41. It is a strong move, more than twice the typical daily change of the past month (0.08%). It is the biggest drop since Thursday, September 22, 2005.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,277.45) and below its 50-day average ($2,277.76), pointing to a short-term downward trend.
Year to date, the dollar is −0.97%; compared with a year ago, −4.71%. Over the past 52 weeks it has moved between $2,262.04 (Tuesday, January 24) and $2,397.25 (Tuesday, March 29, 2005); 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 24 2006 | $2,262.04 | −0.32% |
| Jan 21 2006 | $2,269.41 | −0.01% |
| Jan 20 2006 | $2,269.70 | −0.08% |
| Jan 19 2006 | $2,271.55 | +0.03% |
| Jan 18 2006 | $2,270.88 | −0.11% |
| Jan 14 2006 | $2,273.31 | −0.06% |
| Jan 13 2006 | $2,274.59 | −0.01% |
| Jan 12 2006 | $2,274.73 | −0.08% |
| Jan 11 2006 | $2,276.58 | −0.08% |
| Jan 7 2006 | $2,278.40 | −0.07% |