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TRM for Wednesday, October 16: full analysis

$4,244.84

▲ $52.28 (+1.25%) vs. previous TRM

Valid on Wednesday, October 16.

What happened with the TRM

The TRM for Wednesday, October 16 was set at $4,244.84, up $52.28 (+1.25%) from the previous rate of $4,192.56. It is a move within the usual range, close to the typical daily change of the past month (0.67%). It is the biggest rise since Thursday, September 26.

It stands above its 20-day average ($4,194.72) and above its 50-day average ($4,147.24), pointing to a short-term upward trend.

Year to date, the dollar is +11.06%; compared with a year ago, −0.10%. Over the past 52 weeks it has moved between $3,763.43 (Wednesday, April 10) and $4,285.61 (Wednesday, September 11); it is now at 92% of that range, close to the top.

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

$4,285.61$4,006.0120-day average $4,194.72
Jul 19Oct 16

Recent rates

Valid fromTRMChange
Oct 16 2024$4,244.84+1.25%
Oct 12 2024$4,192.56−0.59%
Oct 11 2024$4,217.40−0.37%
Oct 10 2024$4,233.17−0.01%
Oct 9 2024$4,233.54+0.92%
Oct 8 2024$4,194.97+0.51%
Oct 5 2024$4,173.66−0.57%
Oct 4 2024$4,197.73−0.14%
Oct 3 2024$4,203.43−0.49%
Oct 2 2024$4,224.21+1.10%