TRM for Wednesday, January 16: full analysis
▲ $11.43 (+0.65%) vs. previous TRM
Valid on Wednesday, January 16.
What happened with the TRM
The TRM for Wednesday, January 16 was set at $1,769.88, up $11.43 (+0.65%) from the previous rate of $1,758.45. It is a strong move, more than twice the typical daily change of the past month (0.27%). It is the biggest rise since Wednesday, October 24, 2012.
It stands below its 20-day average ($1,775.41) and below its 50-day average ($1,800.18), pointing to a short-term downward trend.
Year to date, the dollar is +0.09%; compared with a year ago, −3.88%. Over the past 52 weeks it has moved between $1,754.89 (Friday, May 4, 2012) and $1,845.17 (Thursday, May 24, 2012); it is now at 17% 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 |
|---|---|---|
| Jan 16 2013 | $1,769.88 | +0.65% |
| Jan 15 2013 | $1,758.45 | −0.22% |
| Jan 12 2013 | $1,762.38 | +0.05% |
| Jan 11 2013 | $1,761.50 | −0.37% |
| Jan 10 2013 | $1,767.96 | −0.19% |
| Jan 9 2013 | $1,771.31 | +0.21% |
| Jan 5 2013 | $1,767.54 | +0.38% |
| Jan 4 2013 | $1,760.83 | +0.05% |
| Jan 3 2013 | $1,759.97 | −0.47% |
| Dec 29 2012 | $1,768.23 | −0.19% |