TRM for Friday, March 2: full analysis
▲ $14.94 (+0.67%) vs. previous TRM
Valid on Friday, March 2.
What happened with the TRM
The TRM for Friday, March 2 was set at $2,246.88, up $14.94 (+0.67%) from the previous rate of $2,231.94. It is a strong move, more than twice the typical daily change of the past month (0.31%). It is the biggest rise since Tuesday, November 28, 2006.
The TRM has now risen for 3 days in a row. It stands above its 20-day average ($2,227.73) and above its 50-day average ($2,235.09), pointing to a short-term upward trend.
Year to date, the dollar is +0.36%; compared with a year ago, −0.03%. 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 8% 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 |
|---|---|---|
| Mar 2 2007 | $2,246.88 | +0.67% |
| Mar 1 2007 | $2,231.94 | +0.35% |
| 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% |