TRM for Thursday, May 8: full analysis
▲ $18.30 (+1.03%) vs. previous TRM
Valid on Thursday, May 8.
What happened with the TRM
The TRM for Thursday, May 8 was set at $1,787.62, up $18.30 (+1.03%) from the previous rate of $1,769.32. It is a strong move, more than twice the typical daily change of the past month (0.50%). It is the biggest rise since Wednesday, March 26.
The TRM has now risen for 2 days in a row. It stands above its 20-day average ($1,782.70) and below its 50-day average ($1,821.86), without a clear short-term trend.
Year to date, the dollar is −11.27%; compared with a year ago, −14.11%. Over the past 52 weeks it has moved between $1,756.25 (Saturday, May 3) and $2,194.65 (Tuesday, September 11, 2007); it is now at 7% 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 8 2008 | $1,787.62 | +1.03% |
| May 7 2008 | $1,769.32 | +0.74% |
| May 3 2008 | $1,756.25 | −0.62% |
| May 1 2008 | $1,767.27 | −0.73% |
| Apr 30 2008 | $1,780.21 | +0.71% |
| Apr 29 2008 | $1,767.73 | −0.42% |
| Apr 26 2008 | $1,775.22 | +0.54% |
| Apr 25 2008 | $1,765.75 | +0.03% |
| Apr 24 2008 | $1,765.30 | −0.55% |
| Apr 23 2008 | $1,775.08 | −0.32% |