TRM for Tuesday, May 16: full analysis
▲ $48.41 (+2.04%) vs. previous TRM
Valid on Tuesday, May 16.
What happened with the TRM
The TRM for Tuesday, May 16 was set at $2,424.27, up $48.41 (+2.04%) from the previous rate of $2,375.86. It is a strong move, more than twice the typical daily change of the past month (0.74%). It is the biggest rise since Thursday, December 23, 2004.
The TRM has now risen for 3 days in a row. It stands above its 20-day average ($2,360.74) and above its 50-day average ($2,311.87), pointing to a short-term upward trend.
Year to date, the dollar is +6.13%; compared with a year ago, +3.22%. Over the past 52 weeks it has moved between $2,245.71 (Wednesday, March 1) and $2,424.27 (Tuesday, May 16); it is now at 100% of that range, close to the top.
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 16 2006 | $2,424.27 | +2.04% |
| May 13 2006 | $2,375.86 | +1.27% |
| May 12 2006 | $2,346.06 | +0.72% |
| May 11 2006 | $2,329.35 | −0.40% |
| May 10 2006 | $2,338.76 | −0.52% |
| May 9 2006 | $2,351.06 | −0.83% |
| May 6 2006 | $2,370.63 | −0.45% |
| May 5 2006 | $2,381.36 | +0.16% |
| May 4 2006 | $2,377.59 | −0.11% |
| May 3 2006 | $2,380.31 | +0.22% |