TRM for Wednesday, February 28: full analysis
▲ $12.66 (+0.57%) vs. previous TRM
Valid on Wednesday, February 28.
What happened with the TRM
The TRM for Wednesday, February 28 was set at $2,224.12, up $12.66 (+0.57%) from the previous rate of $2,211.46. It is a strong move, more than twice the typical daily change of the past month (0.25%). It is the biggest rise since Tuesday, November 28, 2006.
It stands below its 20-day average ($2,229.53) and below its 50-day average ($2,236.42), pointing to a short-term downward trend.
Year to date, the dollar is −0.66%; compared with a year ago, −1.03%. Over the past 52 weeks it has moved between $2,211.46 (Tuesday, February 27) and $2,634.06 (Thursday, June 29, 2006); it is now at 3% 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 28 2007 | $2,224.12 | +0.57% |
| Feb 27 2007 | $2,211.46 | −0.23% |
| Feb 24 2007 | $2,216.57 | +0.10% |
| Feb 23 2007 | $2,214.44 | −0.20% |
| Feb 22 2007 | $2,218.78 | −0.09% |
| Feb 21 2007 | $2,220.76 | −0.04% |
| Feb 17 2007 | $2,221.70 | +0.11% |
| Feb 16 2007 | $2,219.15 | −0.10% |
| Feb 15 2007 | $2,221.43 | −0.08% |
| Feb 14 2007 | $2,223.30 | −0.32% |