TRM for Wednesday, November 8: full analysis
▼ $12.75 (−0.55%) vs. previous TRM
Valid on Wednesday, November 8.
What happened with the TRM
The TRM for Wednesday, November 8 was set at $2,288.13, down $12.75 (−0.55%) from the previous rate of $2,300.88. It is a strong move, more than twice the typical daily change of the past month (0.27%). It is the biggest drop since Saturday, October 14.
It stands below its 20-day average ($2,338.68) and below its 50-day average ($2,375.22), pointing to a short-term downward trend.
Year to date, the dollar is +0.17%; compared with a year ago, +0.24%. Over the past 52 weeks it has moved between $2,245.71 (Wednesday, March 1) and $2,634.06 (Thursday, June 29); it is now at 11% 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 |
|---|---|---|
| Nov 8 2006 | $2,288.13 | −0.55% |
| Nov 4 2006 | $2,300.88 | +0.18% |
| Nov 3 2006 | $2,296.65 | −0.26% |
| Nov 2 2006 | $2,302.64 | −0.25% |
| Nov 1 2006 | $2,308.49 | −0.30% |
| Oct 31 2006 | $2,315.38 | +0.03% |
| Oct 28 2006 | $2,314.76 | −0.54% |
| Oct 27 2006 | $2,327.23 | −0.54% |
| Oct 26 2006 | $2,339.92 | −0.06% |
| Oct 25 2006 | $2,341.33 | −0.01% |