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TRM for Friday, February 28: full analysis

$3,507.11

▲ $65.23 (+1.90%) vs. previous TRM

Valid on Friday, February 28.

What happened with the TRM

The TRM for Friday, February 28 was set at $3,507.11, up $65.23 (+1.90%) from the previous rate of $3,441.88. It is a strong move, more than twice the typical daily change of the past month (0.73%). It is the biggest rise since Tuesday, August 6, 2019.

The TRM has now risen for 2 days in a row. It stands above its 20-day average ($3,409.90) and above its 50-day average ($3,355.30), pointing to a short-term upward trend.

Year to date, the dollar is +7.02%; compared with a year ago, +14.16%. Over the past 52 weeks it has moved between $3,077.35 (Friday, March 1, 2019) and $3,522.48 (Saturday, November 30, 2019); it is now at 97% of that range, close to the top.

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.

Last 90 days

$3,508.39$3,253.8920-day average $3,409.90
Dec 3Feb 28

Recent rates

Valid fromTRMChange
Feb 28 2020$3,507.11+1.90%
Feb 27 2020$3,441.88+0.49%
Feb 26 2020$3,425.22−0.19%
Feb 25 2020$3,431.60+0.99%
Feb 22 2020$3,398.05−0.16%
Feb 21 2020$3,403.50+0.07%
Feb 20 2020$3,400.98−0.27%
Feb 19 2020$3,410.24+0.95%
Feb 15 2020$3,378.29−0.20%
Feb 14 2020$3,385.11−0.29%