TRM for Friday, December 7: full analysis
▼ $7.36 (−0.41%) vs. previous TRM
Valid on Friday, December 7.
What happened with the TRM
The TRM for Friday, December 7 was set at $1,803.69, down $7.36 (−0.41%) from the previous rate of $1,811.05. It is a strong move, more than twice the typical daily change of the past month (0.19%). It is the biggest drop since Wednesday, November 7.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($1,817.26) and below its 50-day average ($1,810.98), pointing to a short-term downward trend.
Year to date, the dollar is −7.16%; compared with a year ago, −6.84%. Over the past 52 weeks it has moved between $1,754.89 (Friday, May 4) and $1,942.70 (Friday, December 30, 2011); it is now at 26% 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 |
|---|---|---|
| Dec 7 2012 | $1,803.69 | −0.41% |
| Dec 6 2012 | $1,811.05 | −0.14% |
| Dec 5 2012 | $1,813.57 | −0.01% |
| Dec 4 2012 | $1,813.73 | +0.00% |
| Dec 1 2012 | $1,813.72 | −0.23% |
| Nov 30 2012 | $1,817.93 | −0.39% |
| Nov 29 2012 | $1,825.08 | +0.08% |
| Nov 28 2012 | $1,823.54 | −0.03% |
| Nov 27 2012 | $1,824.12 | +0.22% |
| Nov 24 2012 | $1,820.18 | +0.24% |