TRM for Wednesday, May 29: full analysis
▲ $23.00 (+1.23%) vs. previous TRM
Valid on Wednesday, May 29.
What happened with the TRM
The TRM for Wednesday, May 29 was set at $1,897.10, up $23.00 (+1.23%) from the previous rate of $1,874.10. It is a strong move, more than twice the typical daily change of the past month (0.36%). It is the biggest rise since Wednesday, October 5, 2011.
The TRM has now risen for 7 days in a row. It stands above its 20-day average ($1,842.77) and above its 50-day average ($1,831.25), pointing to a short-term upward trend.
Year to date, the dollar is +7.29%; compared with a year ago, +3.06%. Over the past 52 weeks it has moved between $1,758.45 (Tuesday, January 15) and $1,897.10 (Wednesday, May 29); it is now at 100% of that range, close to the top.
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 29 2013 | $1,897.10 | +1.23% |
| May 25 2013 | $1,874.10 | +0.54% |
| May 24 2013 | $1,864.02 | +0.73% |
| May 23 2013 | $1,850.55 | +0.21% |
| May 22 2013 | $1,846.76 | +0.23% |
| May 21 2013 | $1,842.59 | +0.07% |
| May 18 2013 | $1,841.35 | +0.14% |
| May 17 2013 | $1,838.82 | −0.27% |
| May 16 2013 | $1,843.75 | +0.28% |
| May 15 2013 | $1,838.63 | +0.21% |