TRM for Wednesday, January 16: full analysis
▼ $0.52 (−0.03%) vs. previous TRM
Valid on Wednesday, January 16.
What happened with the TRM
The TRM for Wednesday, January 16 was set at $1,948.91, down $0.52 (−0.03%) from the previous rate of $1,949.43. It is a slight change compared with the typical daily change of the past month (0.55%).
The TRM has now fallen for 4 days in a row. It stands below its 20-day average ($1,998.42) and below its 50-day average ($2,021.85), pointing to a short-term downward trend.
Year to date, the dollar is −3.27%; compared with a year ago, −12.26%. 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 16 2008 | $1,948.91 | −0.03% |
| 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% |