TRM for Wednesday, May 7: full analysis
▼ $4.87 (−0.25%) vs. previous TRM
Valid on Wednesday, May 7.
What happened with the TRM
The TRM for Wednesday, May 7 was set at $1,918.20, down $4.87 (−0.25%) from the previous rate of $1,923.07. It is a move within the usual range, close to the typical daily change of the past month (0.38%).
The TRM has now fallen for 6 days in a row. It stands below its 20-day average ($1,931.05) and below its 50-day average ($1,984.46), pointing to a short-term downward trend.
Year to date, the dollar is −0.45%; compared with a year ago, +4.74%. Over the past 52 weeks it has moved between $1,827.13 (Wednesday, May 8, 2013) and $2,054.90 (Friday, February 28); it is now at 40% 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 |
|---|---|---|
| May 7 2014 | $1,918.20 | −0.25% |
| May 6 2014 | $1,923.07 | −0.17% |
| May 3 2014 | $1,926.30 | −0.37% |
| May 1 2014 | $1,933.46 | −0.09% |
| Apr 30 2014 | $1,935.14 | −0.05% |
| Apr 29 2014 | $1,936.13 | −0.32% |
| Apr 26 2014 | $1,942.37 | +0.33% |
| Apr 25 2014 | $1,936.07 | −0.03% |
| Apr 24 2014 | $1,936.63 | +0.36% |
| Apr 23 2014 | $1,929.66 | +0.41% |