TRM for Wednesday, May 16: full analysis
▲ $6.77 (+0.38%) vs. previous TRM
Valid on Wednesday, May 16.
What happened with the TRM
The TRM for Wednesday, May 16 was set at $1,778.37, up $6.77 (+0.38%) from the previous rate of $1,771.60. It is a move within the usual range, close to the typical daily change of the past month (0.33%).
The TRM has now risen for 2 days in a row. It stands above its 20-day average ($1,766.70) and above its 50-day average ($1,769.28), pointing to a short-term upward trend.
Year to date, the dollar is −8.46%; compared with a year ago, −1.50%. 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 13% 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 2012 | $1,778.37 | +0.38% |
| May 15 2012 | $1,771.60 | +0.39% |
| May 12 2012 | $1,764.69 | −0.02% |
| 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% |