TRM for Tuesday, February 24: full analysis
▼ $34.36 (−1.27%) vs. previous TRM
Valid on Tuesday, February 24.
What happened with the TRM
The TRM for Tuesday, February 24 was set at $2,665.83, down $34.36 (−1.27%) from the previous rate of $2,700.19. It is a strong move, more than twice the typical daily change of the past month (0.50%). It is the biggest drop since Saturday, May 24, 2003.
It stands below its 20-day average ($2,729.85) and below its 50-day average ($2,758.32), pointing to a short-term downward trend.
Year to date, the dollar is −4.05%; compared with a year ago, −9.32%. Over the past 52 weeks it has moved between $2,665.83 (Tuesday, February 24) and $2,962.76 (Wednesday, March 12, 2003); it is now at 0% 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.
TRM over the last year
Recent rates
| Valid from | TRM | Change |
|---|---|---|
| Feb 24 2004 | $2,665.83 | −1.27% |
| Feb 21 2004 | $2,700.19 | +0.24% |
| Feb 20 2004 | $2,693.84 | −0.14% |
| Feb 19 2004 | $2,697.66 | −0.65% |
| Feb 18 2004 | $2,715.20 | −0.34% |
| Feb 14 2004 | $2,724.36 | −0.44% |
| Feb 13 2004 | $2,736.42 | −0.02% |
| Feb 12 2004 | $2,736.94 | +0.05% |
| Feb 11 2004 | $2,735.50 | −0.21% |
| Feb 10 2004 | $2,741.17 | −0.58% |