TRM for Tuesday, May 16: full analysis
▼ $34.82 (−1.19%) vs. previous TRM
Valid on Tuesday, May 16.
What happened with the TRM
The TRM for Tuesday, May 16 was set at $2,883.87, down $34.82 (−1.19%) from the previous rate of $2,918.69. It is a move within the usual range, close to the typical daily change of the past month (0.63%). It is the biggest drop since Friday, March 17.
The TRM has now fallen for 4 days in a row. It stands below its 20-day average ($2,914.51) and below its 50-day average ($2,918.53), pointing to a short-term downward trend.
Year to date, the dollar is −3.89%; compared with a year ago, −3.35%. Over the past 52 weeks it has moved between $2,837.90 (Wednesday, April 19) and $3,187.97 (Thursday, November 24, 2016); it is now at 13% 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 |
|---|---|---|
| May 16 2017 | $2,883.87 | −1.19% |
| May 13 2017 | $2,918.69 | −0.52% |
| May 12 2017 | $2,933.92 | −0.52% |
| May 11 2017 | $2,949.35 | −0.60% |
| May 10 2017 | $2,967.24 | +0.27% |
| May 9 2017 | $2,959.26 | −0.09% |
| May 6 2017 | $2,961.78 | −0.19% |
| May 5 2017 | $2,967.44 | +1.27% |
| May 4 2017 | $2,930.17 | −0.52% |
| May 3 2017 | $2,945.53 | −0.08% |