TRM for Saturday, May 31: full analysis
▼ $11.94 (−0.68%) vs. previous TRM
Valid from Saturday, May 31 to Tuesday, June 3.
What happened with the TRM
The TRM for Saturday, May 31 was set at $1,744.01, down $11.94 (−0.68%) from the previous rate of $1,755.95. It is a move within the usual range, close to the typical daily change of the past month (0.49%). It is the biggest drop since Thursday, May 1.
The TRM has now fallen for 5 days in a row. It stands below its 20-day average ($1,776.31) and below its 50-day average ($1,793.40), pointing to a short-term downward trend.
Year to date, the dollar is −13.44%; compared with a year ago, −9.67%. Over the past 52 weeks it has moved between $1,744.01 (Saturday, May 31) and $2,194.65 (Tuesday, September 11, 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 |
|---|---|---|
| May 31 2008 | $1,744.01 | −0.68% |
| May 30 2008 | $1,755.95 | −0.65% |
| May 29 2008 | $1,767.41 | −0.29% |
| May 28 2008 | $1,772.55 | −0.31% |
| May 24 2008 | $1,777.98 | −0.09% |
| May 23 2008 | $1,779.59 | +0.01% |
| May 22 2008 | $1,779.48 | −0.45% |
| May 21 2008 | $1,787.59 | +0.46% |
| May 20 2008 | $1,779.35 | −0.32% |
| May 17 2008 | $1,785.04 | −0.44% |