Skip to content

TRM for Wednesday, November 8: full analysis

$4,005.06

▲ $29.97 (+0.75%) vs. previous TRM

Valid on Wednesday, November 8.

What happened with the TRM

The TRM for Wednesday, November 8 was set at $4,005.06, up $29.97 (+0.75%) from the previous rate of $3,975.09. It is a move within the usual range, close to the typical daily change of the past month (1.08%).

It stands below its 20-day average ($4,174.07) and below its 50-day average ($4,101.80), pointing to a short-term downward trend.

Year to date, the dollar is −16.74%; compared with a year ago, −20.87%. Over the past 52 weeks it has moved between $3,898.48 (Tuesday, August 1) and $5,022.03 (Friday, November 18, 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

$4,386.66$3,902.5420-day average $4,174.07
Aug 11Nov 8

Recent rates

Valid fromTRMChange
Nov 8 2023$4,005.06+0.75%
Nov 4 2023$3,975.09−1.78%
Nov 3 2023$4,047.11−1.71%
Nov 2 2023$4,117.71+0.08%
Nov 1 2023$4,114.29+1.32%
Oct 31 2023$4,060.83−1.45%
Oct 28 2023$4,120.62−0.83%
Oct 27 2023$4,154.94−1.11%
Oct 26 2023$4,201.53−0.30%
Oct 25 2023$4,213.97−0.18%