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TRM for Thursday, May 16: full analysis

$3,825.42

▼ $36.40 (−0.94%) vs. previous TRM

Valid on Thursday, May 16.

What happened with the TRM

The TRM for Thursday, May 16 was set at $3,825.42, down $36.40 (−0.94%) from the previous rate of $3,861.82. It is a move within the usual range, close to the typical daily change of the past month (0.66%).

The TRM has now fallen for 4 days in a row. It stands below its 20-day average ($3,904.03) and below its 50-day average ($3,885.22), pointing to a short-term downward trend.

Year to date, the dollar is +0.09%; compared with a year ago, −15.11%. Over the past 52 weeks it has moved between $3,763.43 (Wednesday, April 10) and $4,531.58 (Wednesday, May 17, 2023); it is now at 8% 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

$3,964.59$3,763.4320-day average $3,904.03
Feb 17May 16

Recent rates

Valid fromTRMChange
May 16 2024$3,825.42−0.94%
May 15 2024$3,861.82−0.68%
May 11 2024$3,888.21−0.31%
May 10 2024$3,900.38−0.06%
May 9 2024$3,902.63+0.46%
May 8 2024$3,884.84−0.24%
May 7 2024$3,894.23−0.03%
May 4 2024$3,895.41−0.08%
May 3 2024$3,898.62−0.01%
May 1 2024$3,899.07+0.66%