TRM for Tuesday, August 31: full analysis
▼ $23.06 (−0.90%) vs. previous TRM
Valid on Tuesday, August 31.
What happened with the TRM
The TRM for Tuesday, August 31 was set at $2,551.43, down $23.06 (−0.90%) from the previous rate of $2,574.49. It is a strong move, more than twice the typical daily change of the past month (0.28%). It is the biggest drop since Tuesday, February 24.
It stands below its 20-day average ($2,597.90) and below its 50-day average ($2,640.12), pointing to a short-term downward trend.
Year to date, the dollar is −8.16%; compared with a year ago, −9.94%. Over the past 52 weeks it has moved between $2,551.43 (Tuesday, August 31) and $2,907.41 (Thursday, October 2, 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 |
|---|---|---|
| Aug 31 2004 | $2,551.43 | −0.90% |
| Aug 28 2004 | $2,574.49 | +0.23% |
| Aug 27 2004 | $2,568.68 | −0.27% |
| Aug 26 2004 | $2,575.51 | −0.53% |
| Aug 25 2004 | $2,589.25 | −0.25% |
| Aug 24 2004 | $2,595.75 | −0.42% |
| Aug 21 2004 | $2,606.57 | −0.04% |
| Aug 20 2004 | $2,607.62 | −0.09% |
| Aug 19 2004 | $2,609.88 | +0.04% |
| Aug 18 2004 | $2,608.88 | −0.04% |