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TRM for Saturday, January 7: full analysis

$4,885.66

▼ $103.92 (−2.08%) vs. previous TRM

Valid from Saturday, January 7 to Tuesday, January 10.

What happened with the TRM

The TRM for Saturday, January 7 was set at $4,885.66, down $103.92 (−2.08%) from the previous rate of $4,989.58. It is a strong move, more than twice the typical daily change of the past month (0.78%). It is the biggest drop since Friday, November 11, 2022.

It stands above its 20-day average ($4,813.40) and above its 50-day average ($4,865.47), pointing to a short-term upward trend.

Year to date, the dollar is +1.57%; compared with a year ago, +20.95%. Over the past 52 weeks it has moved between $3,706.95 (Tuesday, April 5, 2022) and $5,061.21 (Saturday, November 5, 2022); it is now at 87% 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

$5,061.21$4,611.1820-day average $4,813.40
Oct 12Jan 7

Recent rates

Valid fromTRMChange
Jan 7 2023$4,885.66−2.08%
Jan 6 2023$4,989.58+1.33%
Jan 5 2023$4,924.00+1.69%
Jan 4 2023$4,842.26+0.67%
Dec 30 2022$4,810.20+0.93%
Dec 29 2022$4,765.92−0.02%
Dec 28 2022$4,766.82+0.46%
Dec 24 2022$4,745.04−0.33%
Dec 23 2022$4,760.61−0.02%
Dec 22 2022$4,761.64−0.16%