TRM for Saturday, May 26: full analysis
▼ $28.04 (−1.43%) vs. previous TRM
Valid from Saturday, May 26 to Tuesday, May 29.
What happened with the TRM
The TRM for Saturday, May 26 was set at $1,934.55, down $28.04 (−1.43%) from the previous rate of $1,962.59. It is a strong move, more than twice the typical daily change of the past month (0.56%). 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 ($2,030.41) and below its 50-day average ($2,110.58), pointing to a short-term downward trend.
Year to date, the dollar is −13.59%; compared with a year ago, −23.15%. Over the past 52 weeks it has moved between $1,934.55 (Saturday, May 26) 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 26 2007 | $1,934.55 | −1.43% |
| May 25 2007 | $1,962.59 | −0.05% |
| May 24 2007 | $1,963.56 | +0.31% |
| May 23 2007 | $1,957.54 | −1.40% |
| May 19 2007 | $1,985.33 | −0.26% |
| May 18 2007 | $1,990.43 | +0.12% |
| May 17 2007 | $1,988.01 | −0.36% |
| May 16 2007 | $1,995.17 | −0.34% |
| May 15 2007 | $2,002.04 | −1.34% |
| May 12 2007 | $2,029.20 | −0.60% |