TRM for Wednesday, May 16: full analysis
▲ $65.82 (+2.33%) vs. previous TRM
Valid on Wednesday, May 16.
What happened with the TRM
The TRM for Wednesday, May 16 was set at $2,889.87, up $65.82 (+2.33%) from the previous rate of $2,824.05. It is a strong move, more than twice the typical daily change of the past month (0.95%). It is the biggest rise since Friday, November 11, 2016.
The TRM has now risen for 2 days in a row. It stands above its 20-day average ($2,804.32) and above its 50-day average ($2,814.08), pointing to a short-term upward trend.
Year to date, the dollar is −3.15%; compared with a year ago, +0.21%. Over the past 52 weeks it has moved between $2,705.34 (Saturday, April 14) and $3,092.65 (Saturday, July 8, 2017); it is now at 48% 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 |
|---|---|---|
| May 16 2018 | $2,889.87 | +2.33% |
| May 12 2018 | $2,824.05 | +0.06% |
| May 11 2018 | $2,822.37 | −1.30% |
| May 10 2018 | $2,859.51 | −0.23% |
| May 9 2018 | $2,866.00 | +1.73% |
| May 8 2018 | $2,817.20 | −0.92% |
| May 5 2018 | $2,843.41 | −0.51% |
| May 4 2018 | $2,857.85 | +0.91% |
| May 3 2018 | $2,831.99 | +0.79% |
| May 1 2018 | $2,809.92 | +0.13% |