TRM for Thursday, May 10: full analysis
▼ $28.52 (−1.38%) vs. previous TRM
Valid on Thursday, May 10.
What happened with the TRM
The TRM for Thursday, May 10 was set at $2,045.51, down $28.52 (−1.38%) from the previous rate of $2,074.03. It is a strong move, more than twice the typical daily change of the past month (0.45%). It is the biggest drop since Saturday, July 22, 2006.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($2,112.17) and below its 50-day average ($2,163.30), pointing to a short-term downward trend.
Year to date, the dollar is −8.63%; compared with a year ago, −12.54%. Over the past 52 weeks it has moved between $2,045.51 (Thursday, May 10) and $2,634.06 (Thursday, June 29, 2006); 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 |
|---|---|---|
| May 10 2007 | $2,045.51 | −1.38% |
| May 9 2007 | $2,074.03 | −0.35% |
| May 8 2007 | $2,081.24 | +0.59% |
| May 5 2007 | $2,069.01 | −0.39% |
| May 4 2007 | $2,077.12 | −0.39% |
| May 3 2007 | $2,085.18 | −0.90% |
| May 1 2007 | $2,104.16 | −0.31% |
| Apr 28 2007 | $2,110.67 | −0.04% |
| Apr 27 2007 | $2,111.52 | −0.05% |
| Apr 26 2007 | $2,112.61 | −0.32% |