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TRM for Wednesday, August 2: full analysis

$4,007.44

▲ $108.96 (+2.79%) vs. previous TRM

Valid on Wednesday, August 2.

What happened with the TRM

The TRM for Wednesday, August 2 was set at $4,007.44, up $108.96 (+2.79%) from the previous rate of $3,898.48. It is a strong move, more than twice the typical daily change of the past month (1.04%). It is the biggest rise since Tuesday, July 12, 2022.

It stands below its 20-day average ($4,050.67) and below its 50-day average ($4,203.85), pointing to a short-term downward trend.

Year to date, the dollar is −16.69%; compared with a year ago, −5.62%. Over the past 52 weeks it has moved between $3,898.48 (Tuesday, August 1) and $5,061.21 (Saturday, November 5, 2022); it is now at 9% of that range, close to the bottom.

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

$4,616.58$3,898.4820-day average $4,050.67
May 5Aug 2

Recent rates

Valid fromTRMChange
Aug 2 2023$4,007.44+2.79%
Aug 1 2023$3,898.48−0.64%
Jul 29 2023$3,923.49−0.22%
Jul 28 2023$3,932.04−0.48%
Jul 27 2023$3,951.10−0.70%
Jul 26 2023$3,978.83+0.72%
Jul 25 2023$3,950.58−0.52%
Jul 22 2023$3,971.38−0.22%
Jul 20 2023$3,980.20−0.27%
Jul 19 2023$3,991.15−1.92%