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TRM for Friday, August 11: full analysis

$3,955.23

▼ $76.42 (−1.90%) vs. previous TRM

Valid on Friday, August 11.

What happened with the TRM

The TRM for Friday, August 11 was set at $3,955.23, down $76.42 (−1.90%) from the previous rate of $4,031.65. It is a move within the usual range, close to the typical daily change of the past month (1.20%). It is the biggest drop since Wednesday, July 19.

The TRM has now fallen for 4 days in a row. It stands below its 20-day average ($4,015.86) and below its 50-day average ($4,148.34), pointing to a short-term downward trend.

Year to date, the dollar is −17.77%; compared with a year ago, −7.45%. 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 5% 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

$4,531.58$3,898.4820-day average $4,015.86
May 16Aug 11

Recent rates

Valid fromTRMChange
Aug 11 2023$3,955.23−1.90%
Aug 10 2023$4,031.65−1.10%
Aug 9 2023$4,076.46−0.04%
Aug 5 2023$4,077.90−1.61%
Aug 4 2023$4,144.79+2.16%
Aug 3 2023$4,056.99+1.24%
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%