TRM for Thursday, February 28: full analysis
▼ $24.32 (−1.29%) vs. previous TRM
Valid on Thursday, February 28.
What happened with the TRM
The TRM for Thursday, February 28 was set at $1,854.87, down $24.32 (−1.29%) from the previous rate of $1,879.19. It is a strong move, more than twice the typical daily change of the past month (0.55%). It is the biggest drop since Friday, January 25.
The TRM has now fallen for 5 days in a row. It stands below its 20-day average ($1,907.97) and below its 50-day average ($1,957.37), pointing to a short-term downward trend.
Year to date, the dollar is −7.94%; compared with a year ago, −16.60%. Over the past 52 weeks it has moved between $1,854.87 (Thursday, February 28) and $2,246.88 (Friday, March 2, 2007); 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 28 2008 | $1,854.87 | −1.29% |
| Feb 27 2008 | $1,879.19 | −0.47% |
| Feb 26 2008 | $1,887.97 | −0.21% |
| Feb 23 2008 | $1,892.00 | −0.20% |
| Feb 22 2008 | $1,895.85 | −0.78% |
| Feb 21 2008 | $1,910.81 | +1.06% |
| Feb 20 2008 | $1,890.74 | −0.77% |
| Feb 16 2008 | $1,905.37 | +0.55% |
| Feb 15 2008 | $1,894.87 | −0.19% |
| Feb 14 2008 | $1,898.40 | −0.16% |