TRM for Friday, November 8: full analysis
▼ $85.85 (−1.94%) vs. previous TRM
Valid on Friday, November 8.
What happened with the TRM
The TRM for Friday, November 8 was set at $4,344.55, down $85.85 (−1.94%) from the previous rate of $4,430.40. It is a strong move, more than twice the typical daily change of the past month (0.69%). It is the biggest drop since Tuesday, November 21, 2023.
It stands above its 20-day average ($4,314.27) and above its 50-day average ($4,236.06), pointing to a short-term upward trend.
Year to date, the dollar is +13.67%; compared with a year ago, +8.48%. Over the past 52 weeks it has moved between $3,763.43 (Wednesday, April 10) and $4,430.40 (Thursday, November 7); it is now at 87% 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
Recent rates
| Valid from | TRM | Change |
|---|---|---|
| Nov 8 2024 | $4,344.55 | −1.94% |
| Nov 7 2024 | $4,430.40 | +0.19% |
| Nov 6 2024 | $4,421.86 | +0.18% |
| Nov 2 2024 | $4,414.00 | +0.10% |
| Nov 1 2024 | $4,409.57 | −0.09% |
| Oct 31 2024 | $4,413.46 | +1.05% |
| Oct 30 2024 | $4,367.39 | +0.56% |
| Oct 29 2024 | $4,342.90 | +0.61% |
| Oct 26 2024 | $4,316.73 | +0.11% |
| Oct 25 2024 | $4,311.83 | +0.42% |