TRM for Wednesday, September 7: full analysis
▼ $69.92 (−2.36%) vs. previous TRM
Valid on Wednesday, September 7.
What happened with the TRM
The TRM for Wednesday, September 7 was set at $2,887.64, down $69.92 (−2.36%) from the previous rate of $2,957.56. It is a strong move, more than twice the typical daily change of the past month (1.04%). It is the biggest drop since Thursday, June 30.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($2,924.61) and below its 50-day average ($2,962.45), pointing to a short-term downward trend.
Year to date, the dollar is −8.31%; compared with a year ago, −7.26%. Over the past 52 weeks it has moved between $2,819.63 (Thursday, November 5, 2015) and $3,434.89 (Friday, February 12); it is now at 11% 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 |
|---|---|---|
| Sep 7 2016 | $2,887.64 | −2.36% |
| Sep 3 2016 | $2,957.56 | −0.96% |
| Sep 2 2016 | $2,986.36 | +1.01% |
| Sep 1 2016 | $2,956.53 | +0.77% |
| Aug 31 2016 | $2,933.82 | +0.33% |
| Aug 30 2016 | $2,924.29 | +1.44% |
| Aug 27 2016 | $2,882.69 | −1.13% |
| Aug 26 2016 | $2,915.67 | −0.77% |
| Aug 25 2016 | $2,938.28 | +1.00% |
| Aug 24 2016 | $2,909.10 | +0.87% |