TRM for Friday, May 16: full analysis
▲ $5.29 (+0.30%) vs. previous TRM
Valid on Friday, May 16.
What happened with the TRM
The TRM for Friday, May 16 was set at $1,792.94, up $5.29 (+0.30%) from the previous rate of $1,787.65. It is a move within the usual range, close to the typical daily change of the past month (0.50%).
The TRM has now risen for 2 days in a row. It stands above its 20-day average ($1,779.21) and below its 50-day average ($1,811.13), without a clear short-term trend.
Year to date, the dollar is −11.01%; compared with a year ago, −10.14%. 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 8% 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 16 2008 | $1,792.94 | +0.30% |
| May 15 2008 | $1,787.65 | +0.43% |
| May 14 2008 | $1,780.01 | −0.07% |
| May 13 2008 | $1,781.29 | −0.03% |
| May 10 2008 | $1,781.79 | −0.63% |
| May 9 2008 | $1,793.13 | +0.31% |
| 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% |