TRM for Friday, May 11: full analysis
▼ $10.96 (−0.62%) vs. previous TRM
Valid on Friday, May 11.
What happened with the TRM
The TRM for Friday, May 11 was set at $1,765.00, down $10.96 (−0.62%) from the previous rate of $1,775.96. It is a move within the usual range, close to the typical daily change of the past month (0.32%). It is the biggest drop since Wednesday, April 4.
It stands below its 20-day average ($1,767.55) and below its 50-day average ($1,769.23), pointing to a short-term downward trend.
Year to date, the dollar is −9.15%; compared with a year ago, −1.49%. Over the past 52 weeks it has moved between $1,748.41 (Friday, July 15, 2011) and $1,972.76 (Wednesday, October 5, 2011); 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 11 2012 | $1,765.00 | −0.62% |
| May 10 2012 | $1,775.96 | +0.87% |
| May 9 2012 | $1,760.60 | +0.08% |
| May 8 2012 | $1,759.12 | +0.11% |
| May 5 2012 | $1,757.24 | +0.13% |
| May 4 2012 | $1,754.89 | −0.30% |
| May 3 2012 | $1,760.12 | −0.22% |
| May 1 2012 | $1,764.00 | +0.16% |
| Apr 28 2012 | $1,761.20 | −0.19% |
| Apr 27 2012 | $1,764.63 | +0.04% |