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TRM for Tuesday, May 16: full analysis

$4,506.49

▼ $57.95 (−1.27%) vs. previous TRM

Valid on Tuesday, May 16.

What happened with the TRM

The TRM for Tuesday, May 16 was set at $4,506.49, down $57.95 (−1.27%) from the previous rate of $4,564.44. It is a move within the usual range, close to the typical daily change of the past month (1.06%).

The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($4,556.94) and below its 50-day average ($4,637.25), pointing to a short-term downward trend.

Year to date, the dollar is −6.31%; compared with a year ago, +9.63%. Over the past 52 weeks it has moved between $3,771.63 (Saturday, June 4, 2022) and $5,061.21 (Saturday, November 5, 2022); it is now at 57% 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.

Last 90 days

$4,966.33$4,424.0220-day average $4,556.94
Feb 16May 16

Recent rates

Valid fromTRMChange
May 16 2023$4,506.49−1.27%
May 13 2023$4,564.44−0.80%
May 12 2023$4,601.15+1.23%
May 11 2023$4,545.39+0.11%
May 10 2023$4,540.34+1.11%
May 9 2023$4,490.58−1.36%
May 6 2023$4,552.56−1.39%
May 5 2023$4,616.58−1.08%
May 4 2023$4,667.09−0.98%
May 3 2023$4,713.08+0.94%