TRM for Tuesday, February 24: full analysis
▼ $7.02 (−0.52%) vs. previous TRM
Valid on Tuesday, February 24.
What happened with the TRM
The TRM for Tuesday, February 24 was set at $1,340.92, down $7.02 (−0.52%) from the previous rate of $1,347.94. It is a strong move, more than twice the typical daily change of the past month (0.14%). It is the biggest drop since Wednesday, December 24, 1997.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($1,346.07) and above its 50-day average ($1,323.75), without a clear short-term trend.
Year to date, the dollar is +3.66%; compared with a year ago, +24.92%. Over the past 52 weeks it has moved between $1,051.43 (Saturday, April 19, 1997) and $1,350.97 (Tuesday, February 17); it is now at 97% 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.
TRM over the last year
Recent rates
| Valid from | TRM | Change |
|---|---|---|
| Feb 24 1998 | $1,340.92 | −0.52% |
| Feb 21 1998 | $1,347.94 | −0.16% |
| Feb 20 1998 | $1,350.10 | +0.01% |
| Feb 19 1998 | $1,349.95 | −0.02% |
| Feb 18 1998 | $1,350.23 | −0.05% |
| Feb 17 1998 | $1,350.97 | +0.11% |
| Feb 14 1998 | $1,349.54 | +0.01% |
| Feb 13 1998 | $1,349.34 | +0.04% |
| Feb 12 1998 | $1,348.86 | +0.05% |
| Feb 11 1998 | $1,348.23 | +0.04% |