TRM for Tuesday, March 2: full analysis
▼ $18.46 (−0.96%) vs. previous TRM
Valid on Tuesday, March 2.
What happened with the TRM
The TRM for Tuesday, March 2 was set at $1,913.86, down $18.46 (−0.96%) from the previous rate of $1,932.32. It is a move within the usual range, close to the typical daily change of the past month (0.61%). It is the biggest drop since Friday, February 12.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($1,949.24) and below its 50-day average ($1,977.66), pointing to a short-term downward trend.
Year to date, the dollar is −6.38%; compared with a year ago, −25.12%. Over the past 52 weeks it has moved between $1,825.68 (Wednesday, October 14, 2009) and $2,590.97 (Tuesday, March 3, 2009); it is now at 12% 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 2010 | $1,913.86 | −0.96% |
| Feb 27 2010 | $1,932.32 | −0.50% |
| Feb 26 2010 | $1,941.98 | +0.51% |
| Feb 25 2010 | $1,932.15 | +0.38% |
| Feb 24 2010 | $1,924.75 | +0.52% |
| Feb 23 2010 | $1,914.87 | −0.73% |
| Feb 20 2010 | $1,928.86 | −0.11% |
| Feb 19 2010 | $1,930.94 | +0.11% |
| Feb 18 2010 | $1,928.79 | +0.16% |
| Feb 17 2010 | $1,925.79 | −0.57% |