TRM for Friday, January 12: full analysis
▼ $19.12 (−0.85%) vs. previous TRM
Valid on Friday, January 12.
What happened with the TRM
The TRM for Friday, January 12 was set at $2,231.48, down $19.12 (−0.85%) from the previous rate of $2,250.60. It is a strong move, more than twice the typical daily change of the past month (0.37%). It is the biggest drop since Wednesday, September 6, 2006.
It stands below its 20-day average ($2,243.03) and below its 50-day average ($2,274.93), pointing to a short-term downward trend.
Year to date, the dollar is −0.33%; compared with a year ago, −1.90%. Over the past 52 weeks it has moved between $2,218.05 (Friday, January 5) and $2,634.06 (Thursday, June 29, 2006); it is now at 3% 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 12 2007 | $2,231.48 | −0.85% |
| Jan 11 2007 | $2,250.60 | +0.54% |
| Jan 10 2007 | $2,238.52 | +0.46% |
| Jan 6 2007 | $2,228.38 | +0.47% |
| Jan 5 2007 | $2,218.05 | −0.00% |
| Jan 4 2007 | $2,218.11 | −0.60% |
| Jan 3 2007 | $2,231.42 | −0.33% |
| Dec 29 2006 | $2,238.79 | +0.25% |
| Dec 28 2006 | $2,233.31 | +0.35% |
| Dec 27 2006 | $2,225.44 | −0.15% |