TRM for Wednesday, November 7: full analysis
▼ $13.81 (−0.76%) vs. previous TRM
Valid on Wednesday, November 7.
What happened with the TRM
The TRM for Wednesday, November 7 was set at $1,814.99, down $13.81 (−0.76%) from the previous rate of $1,828.80. It is a strong move, more than twice the typical daily change of the past month (0.29%). It is the biggest drop since Saturday, June 30.
It stands above its 20-day average ($1,810.95) and above its 50-day average ($1,807.80), pointing to a short-term upward trend.
Year to date, the dollar is −6.57%; compared with a year ago, −5.26%. Over the past 52 weeks it has moved between $1,754.89 (Friday, May 4) and $1,967.18 (Wednesday, November 30, 2011); it is now at 28% 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 |
|---|---|---|
| Nov 7 2012 | $1,814.99 | −0.76% |
| Nov 3 2012 | $1,828.80 | +0.18% |
| Nov 2 2012 | $1,825.50 | −0.31% |
| Nov 1 2012 | $1,831.25 | +0.07% |
| Oct 31 2012 | $1,829.89 | −0.03% |
| Oct 30 2012 | $1,830.45 | +0.40% |
| Oct 27 2012 | $1,823.18 | +0.34% |
| Oct 26 2012 | $1,816.97 | −0.02% |
| Oct 25 2012 | $1,817.25 | +0.04% |
| Oct 24 2012 | $1,816.60 | +0.76% |