TRM for Wednesday, November 4: full analysis
▼ $72.58 (−2.50%) vs. previous TRM
Valid on Wednesday, November 4.
What happened with the TRM
The TRM for Wednesday, November 4 was set at $2,825.25, down $72.58 (−2.50%) from the previous rate of $2,897.83. It is a strong move, more than twice the typical daily change of the past month (1.17%). It is the biggest drop since Saturday, August 29.
The TRM has now fallen for 4 days in a row. It stands below its 20-day average ($2,911.72) and below its 50-day average ($3,019.06), pointing to a short-term downward trend.
Year to date, the dollar is +18.09%; compared with a year ago, +37.02%. Over the past 52 weeks it has moved between $2,076.99 (Wednesday, November 5, 2014) and $3,238.51 (Thursday, August 27); it is now at 64% 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 |
|---|---|---|
| Nov 4 2015 | $2,825.25 | −2.50% |
| Oct 31 2015 | $2,897.83 | −0.80% |
| Oct 30 2015 | $2,921.32 | −0.19% |
| Oct 29 2015 | $2,926.75 | −0.82% |
| Oct 28 2015 | $2,950.87 | +1.12% |
| Oct 27 2015 | $2,918.21 | +0.21% |
| Oct 24 2015 | $2,912.08 | −0.45% |
| Oct 23 2015 | $2,925.36 | −1.39% |
| Oct 22 2015 | $2,966.68 | +1.28% |
| Oct 21 2015 | $2,929.19 | +0.56% |