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TRM for Wednesday, October 16: full analysis

$3,451.33

▲ $19.87 (+0.58%) vs. previous TRM

Valid on Wednesday, October 16.

What happened with the TRM

The TRM for Wednesday, October 16 was set at $3,451.33, up $19.87 (+0.58%) from the previous rate of $3,431.46. It is a move within the usual range, close to the typical daily change of the past month (0.54%). It is the biggest rise since Saturday, September 28.

It stands above its 20-day average ($3,441.10) and above its 50-day average ($3,419.68), pointing to a short-term upward trend.

Year to date, the dollar is +6.20%; compared with a year ago, +11.74%. Over the past 52 weeks it has moved between $3,055.93 (Wednesday, October 17, 2018) and $3,497.34 (Thursday, October 3); it is now at 90% of that range, close to the top.

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.

Last 90 days

$3,497.34$3,169.5120-day average $3,441.10
Jul 19Oct 16

Recent rates

Valid fromTRMChange
Oct 16 2019$3,451.33+0.58%
Oct 12 2019$3,431.46−0.78%
Oct 11 2019$3,458.42+0.11%
Oct 10 2019$3,454.56+0.06%
Oct 9 2019$3,452.57+0.20%
Oct 8 2019$3,445.76+0.45%
Oct 5 2019$3,430.28−1.08%
Oct 4 2019$3,467.60−0.85%
Oct 3 2019$3,497.34+0.17%
Oct 2 2019$3,491.29+0.40%