TRM for Thursday, May 24: full analysis
▲ $20.44 (+1.12%) vs. previous TRM
Valid on Thursday, May 24.
What happened with the TRM
The TRM for Thursday, May 24 was set at $1,845.17, up $20.44 (+1.12%) from the previous rate of $1,824.73. It is a strong move, more than twice the typical daily change of the past month (0.45%). It is the biggest rise since Wednesday, October 5, 2011.
The TRM has now risen for 7 days in a row. It stands above its 20-day average ($1,777.60) and above its 50-day average ($1,773.47), pointing to a short-term upward trend.
Year to date, the dollar is −5.02%; compared with a year ago, +0.93%. Over the past 52 weeks it has moved between $1,748.41 (Friday, July 15, 2011) and $1,972.76 (Wednesday, October 5, 2011); it is now at 43% of that range, in the middle.
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 24 2012 | $1,845.17 | +1.12% |
| May 23 2012 | $1,824.73 | +0.57% |
| May 19 2012 | $1,814.46 | +0.53% |
| May 18 2012 | $1,804.92 | +0.63% |
| May 17 2012 | $1,793.61 | +0.86% |
| May 16 2012 | $1,778.37 | +0.38% |
| May 15 2012 | $1,771.60 | +0.39% |
| May 12 2012 | $1,764.69 | −0.02% |
| May 11 2012 | $1,765.00 | −0.62% |
| May 10 2012 | $1,775.96 | +0.87% |