TRM for Tuesday, May 10: full analysis
▲ $16.58 (+0.94%) vs. previous TRM
Valid on Tuesday, May 10.
What happened with the TRM
The TRM for Tuesday, May 10 was set at $1,779.70, up $16.58 (+0.94%) from the previous rate of $1,763.12. It is a strong move, more than twice the typical daily change of the past month (0.39%). It is the biggest rise since Wednesday, December 29, 2010.
It stands below its 20-day average ($1,787.76) and below its 50-day average ($1,841.44), pointing to a short-term downward trend.
Year to date, the dollar is −7.02%; compared with a year ago, −12.31%. Over the past 52 weeks it has moved between $1,763.12 (Saturday, May 7) and $2,027.33 (Wednesday, December 29, 2010); it is now at 6% 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 10 2011 | $1,779.70 | +0.94% |
| May 7 2011 | $1,763.12 | −0.36% |
| May 6 2011 | $1,769.46 | +0.34% |
| May 5 2011 | $1,763.45 | −0.20% |
| May 4 2011 | $1,767.05 | −0.07% |
| May 3 2011 | $1,768.37 | +0.01% |
| Apr 30 2011 | $1,768.19 | +0.04% |
| Apr 29 2011 | $1,767.54 | −0.93% |
| Apr 28 2011 | $1,784.11 | −0.21% |
| Apr 27 2011 | $1,787.88 | +0.35% |