TRM for Wednesday, May 16: full analysis
▼ $6.87 (−0.34%) vs. previous TRM
Valid on Wednesday, May 16.
What happened with the TRM
The TRM for Wednesday, May 16 was set at $1,995.17, down $6.87 (−0.34%) from the previous rate of $2,002.04. It is a move within the usual range, close to the typical daily change of the past month (0.50%).
The TRM has now fallen for 6 days in a row. It stands below its 20-day average ($2,086.42) and below its 50-day average ($2,146.97), pointing to a short-term downward trend.
Year to date, the dollar is −10.88%; compared with a year ago, −17.70%. Over the past 52 weeks it has moved between $1,995.17 (Wednesday, May 16) 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 16 2007 | $1,995.17 | −0.34% |
| May 15 2007 | $2,002.04 | −1.34% |
| May 12 2007 | $2,029.20 | −0.60% |
| May 11 2007 | $2,041.39 | −0.20% |
| 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% |