TRM for Tuesday, May 24: full analysis
▼ $7.95 (−0.34%) vs. previous TRM
Valid on Tuesday, May 24.
What happened with the TRM
The TRM for Tuesday, May 24 was set at $2,329.05, down $7.95 (−0.34%) from the previous rate of $2,337.00. It is a move within the usual range, close to the typical daily change of the past month (0.18%). It is the biggest drop since Thursday, May 5.
It stands below its 20-day average ($2,341.62) and below its 50-day average ($2,351.46), pointing to a short-term downward trend.
Year to date, the dollar is −2.54%; compared with a year ago, −15.82%. Over the past 52 weeks it has moved between $2,308.58 (Thursday, February 24) and $2,760.06 (Wednesday, May 26, 2004); it is now at 5% 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 |
|---|---|---|
| May 24 2005 | $2,329.05 | −0.34% |
| May 21 2005 | $2,337.00 | +0.00% |
| May 20 2005 | $2,336.99 | −0.10% |
| May 19 2005 | $2,339.44 | −0.10% |
| May 18 2005 | $2,341.72 | −0.24% |
| May 17 2005 | $2,347.25 | −0.06% |
| May 14 2005 | $2,348.69 | +0.20% |
| May 13 2005 | $2,344.00 | +0.13% |
| May 12 2005 | $2,340.99 | +0.05% |
| May 11 2005 | $2,339.77 | +0.03% |