TRM for Tuesday, January 15: full analysis
▼ $35.92 (−1.81%) vs. previous TRM
Valid on Tuesday, January 15.
What happened with the TRM
The TRM for Tuesday, January 15 was set at $1,949.43, down $35.92 (−1.81%) from the previous rate of $1,985.35. It is a strong move, more than twice the typical daily change of the past month (0.55%). It is the biggest drop since Thursday, September 20, 2007.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,001.17) and below its 50-day average ($2,022.97), pointing to a short-term downward trend.
Year to date, the dollar is −3.24%; compared with a year ago, −12.24%. Over the past 52 weeks it has moved between $1,877.88 (Wednesday, June 6, 2007) and $2,261.22 (Tuesday, January 30, 2007); it is now at 19% 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 15 2008 | $1,949.43 | −1.81% |
| Jan 12 2008 | $1,985.35 | −0.92% |
| Jan 11 2008 | $2,003.74 | −0.05% |
| Jan 10 2008 | $2,004.70 | +0.19% |
| Jan 9 2008 | $2,000.91 | −0.65% |
| Jan 5 2008 | $2,013.98 | +0.04% |
| Jan 4 2008 | $2,013.27 | +0.02% |
| Jan 3 2008 | $2,012.82 | −0.10% |
| Dec 29 2007 | $2,014.76 | +0.65% |
| Dec 28 2007 | $2,001.72 | +0.70% |