TRM for Saturday, August 29: full analysis
▼ $94.37 (−2.95%) vs. previous TRM
Valid from Saturday, August 29 to Monday, August 31.
What happened with the TRM
The TRM for Saturday, August 29 was set at $3,101.10, down $94.37 (−2.95%) from the previous rate of $3,195.47. It is a strong move, more than twice the typical daily change of the past month (1.30%). It is the biggest drop since Friday, December 19, 2014.
The TRM has now fallen for 2 days in a row. It stands above its 20-day average ($3,015.43) and above its 50-day average ($2,810.00), pointing to a short-term upward trend.
Year to date, the dollar is +29.62%; compared with a year ago, +60.26%. Over the past 52 weeks it has moved between $1,918.62 (Saturday, August 30, 2014) and $3,238.51 (Thursday, August 27); it is now at 90% 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 |
|---|---|---|
| Aug 29 2015 | $3,101.10 | −2.95% |
| Aug 28 2015 | $3,195.47 | −1.33% |
| Aug 27 2015 | $3,238.51 | +1.39% |
| Aug 26 2015 | $3,194.24 | −0.44% |
| Aug 25 2015 | $3,208.37 | +3.41% |
| Aug 22 2015 | $3,102.60 | +1.60% |
| Aug 21 2015 | $3,053.65 | +0.87% |
| Aug 20 2015 | $3,027.20 | +0.79% |
| Aug 19 2015 | $3,003.35 | +0.68% |
| Aug 15 2015 | $2,983.12 | +0.57% |