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TRM for Wednesday, May 31: full analysis

$4,408.65

▼ $53.01 (−1.19%) vs. previous TRM

Valid on Wednesday, May 31.

What happened with the TRM

The TRM for Wednesday, May 31 was set at $4,408.65, down $53.01 (−1.19%) from the previous rate of $4,461.66. It is a move within the usual range, close to the typical daily change of the past month (0.84%).

The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($4,543.44) and below its 50-day average ($4,585.55), pointing to a short-term downward trend.

Year to date, the dollar is −8.35%; compared with a year ago, +12.69%. 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 49% 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

$4,866.50$4,408.6520-day average $4,543.44
Mar 3May 31

Recent rates

Valid fromTRMChange
May 31 2023$4,408.65−1.19%
May 27 2023$4,461.66−0.21%
May 26 2023$4,470.83+0.49%
May 25 2023$4,448.93−1.17%
May 24 2023$4,501.81−0.59%
May 20 2023$4,528.67+0.16%
May 19 2023$4,521.64−0.15%
May 18 2023$4,528.30−0.07%
May 17 2023$4,531.58+0.56%
May 16 2023$4,506.49−1.27%