TRM for Wednesday, November 9: full analysis
▼ $85.62 (−2.79%) vs. previous TRM
Valid on Wednesday, November 9.
What happened with the TRM
The TRM for Wednesday, November 9 was set at $2,984.78, down $85.62 (−2.79%) from the previous rate of $3,070.40. It is a strong move, more than twice the typical daily change of the past month (0.84%). It is the biggest drop since Thursday, June 30.
The TRM has now fallen for 2 days in a row. It stands above its 20-day average ($2,964.51) and above its 50-day average ($2,938.49), pointing to a short-term upward trend.
Year to date, the dollar is −5.23%; compared with a year ago, +3.06%. Over the past 52 weeks it has moved between $2,833.78 (Tuesday, May 3) and $3,434.89 (Friday, February 12); it is now at 25% 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 9 2016 | $2,984.78 | −2.79% |
| Nov 5 2016 | $3,070.40 | −0.02% |
| Nov 4 2016 | $3,071.12 | +0.02% |
| Nov 3 2016 | $3,070.54 | +1.45% |
| Nov 2 2016 | $3,026.68 | +0.94% |
| Nov 1 2016 | $2,998.55 | +1.04% |
| Oct 29 2016 | $2,967.66 | +0.04% |
| Oct 28 2016 | $2,966.61 | +0.05% |
| Oct 27 2016 | $2,965.18 | +0.81% |
| Oct 26 2016 | $2,941.34 | +0.39% |