TRM for Friday, October 7: full analysis
▼ $40.13 (−1.35%) vs. previous TRM
Valid on Friday, October 7.
What happened with the TRM
The TRM for Friday, October 7 was set at $2,924.80, down $40.13 (−1.35%) from the previous rate of $2,964.93. It is a move within the usual range, close to the typical daily change of the past month (1.07%). It is the biggest drop since Thursday, September 8.
It stands below its 20-day average ($2,925.16) and below its 50-day average ($2,946.94), pointing to a short-term downward trend.
Year to date, the dollar is −7.13%; compared with a year ago, +0.38%. 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 17% 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 |
|---|---|---|
| Oct 7 2016 | $2,924.80 | −1.35% |
| Oct 6 2016 | $2,964.93 | +0.06% |
| Oct 5 2016 | $2,963.06 | +0.88% |
| Oct 4 2016 | $2,937.23 | +1.98% |
| Oct 1 2016 | $2,880.08 | +0.00% |
| Sep 30 2016 | $2,879.95 | −1.17% |
| Sep 29 2016 | $2,914.11 | −0.27% |
| Sep 28 2016 | $2,921.99 | +0.15% |
| Sep 27 2016 | $2,917.58 | −0.01% |
| Sep 24 2016 | $2,917.95 | +1.94% |