TRM for Wednesday, January 7: full analysis
▼ $29.52 (−1.33%) vs. previous TRM
Valid on Wednesday, January 7.
What happened with the TRM
The TRM for Wednesday, January 7 was set at $2,197.72, down $29.52 (−1.33%) from the previous rate of $2,227.24. It is a move within the usual range, close to the typical daily change of the past month (0.83%). It is the biggest drop since Thursday, December 18, 2008.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,234.79) and below its 50-day average ($2,293.75), pointing to a short-term downward trend.
Year to date, the dollar is −2.04%; compared with a year ago, +9.12%. Over the past 52 weeks it has moved between $1,652.41 (Thursday, June 19, 2008) and $2,392.28 (Saturday, November 1, 2008); it is now at 74% 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 7 2009 | $2,197.72 | −1.33% |
| Jan 6 2009 | $2,227.24 | −0.34% |
| Jan 3 2009 | $2,234.81 | −0.39% |
| Dec 31 2008 | $2,243.59 | +0.43% |
| Dec 30 2008 | $2,234.00 | +1.32% |
| Dec 27 2008 | $2,204.95 | +0.31% |
| Dec 25 2008 | $2,198.09 | +0.81% |
| Dec 24 2008 | $2,180.49 | +0.49% |
| Dec 23 2008 | $2,169.83 | +0.11% |
| Dec 20 2008 | $2,167.35 | +0.19% |