TRM for Tuesday, June 24: full analysis
▲ $34.81 (+2.07%) vs. previous TRM
Valid on Tuesday, June 24.
What happened with the TRM
The TRM for Tuesday, June 24 was set at $1,713.63, up $34.81 (+2.07%) from the previous rate of $1,678.82. It is a strong move, more than twice the typical daily change of the past month (0.84%). It is the biggest rise since Friday, August 17, 2007.
The TRM has now risen for 3 days in a row. It stands above its 20-day average ($1,712.14) and below its 50-day average ($1,754.24), without a clear short-term trend.
Year to date, the dollar is −14.95%; compared with a year ago, −11.85%. Over the past 52 weeks it has moved between $1,652.41 (Thursday, June 19) and $2,194.65 (Tuesday, September 11, 2007); it is now at 11% 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 |
|---|---|---|
| Jun 24 2008 | $1,713.63 | +2.07% |
| Jun 21 2008 | $1,678.82 | +0.51% |
| Jun 20 2008 | $1,670.31 | +1.08% |
| Jun 19 2008 | $1,652.41 | −0.18% |
| Jun 18 2008 | $1,655.42 | −1.73% |
| Jun 17 2008 | $1,684.52 | −1.37% |
| Jun 14 2008 | $1,707.87 | +0.15% |
| Jun 13 2008 | $1,705.35 | +0.26% |
| Jun 12 2008 | $1,700.94 | +0.24% |
| Jun 11 2008 | $1,696.79 | +0.57% |