TRM for Wednesday, January 23: full analysis
▲ $39.28 (+2.00%) vs. previous TRM
Valid on Wednesday, January 23.
What happened with the TRM
The TRM for Wednesday, January 23 was set at $2,007.41, up $39.28 (+2.00%) from the previous rate of $1,968.13. It is a strong move, more than twice the typical daily change of the past month (0.76%). It is the biggest rise since Friday, August 17, 2007.
The TRM has now risen for 2 days in a row. It stands above its 20-day average ($1,990.52) and below its 50-day average ($2,019.70), without a clear short-term trend.
Year to date, the dollar is −0.36%; compared with a year ago, −10.40%. 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 34% of that range, in the middle.
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 23 2008 | $2,007.41 | +2.00% |
| Jan 19 2008 | $1,968.13 | +1.05% |
| Jan 18 2008 | $1,947.60 | −0.66% |
| Jan 17 2008 | $1,960.49 | +0.59% |
| 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% |