TRM for Wednesday, March 5: full analysis
▼ $8.09 (−0.75%) vs. previous TRM
Valid on Wednesday, March 5.
What happened with the TRM
The TRM for Wednesday, March 5 was set at $1,067.77, down $8.09 (−0.75%) from the previous rate of $1,075.86. It is a strong move, more than twice the typical daily change of the past month (0.33%). It is the biggest drop since Thursday, October 3, 1996.
The TRM has now fallen for 5 days in a row. It stands below its 20-day average ($1,074.97) and above its 50-day average ($1,045.81), without a clear short-term trend.
Year to date, the dollar is +6.21%; compared with a year ago, +2.54%. Over the past 52 weeks it has moved between $994.02 (Wednesday, November 20, 1996) and $1,084.09 (Wednesday, February 26); it is now at 82% 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.
TRM over the last year
Recent rates
| Valid from | TRM | Change |
|---|---|---|
| Mar 5 1997 | $1,067.77 | −0.75% |
| Mar 4 1997 | $1,075.86 | −0.11% |
| Mar 1 1997 | $1,077.07 | −0.32% |
| Feb 28 1997 | $1,080.51 | −0.04% |
| Feb 27 1997 | $1,080.93 | −0.29% |
| Feb 26 1997 | $1,084.09 | +0.54% |
| Feb 25 1997 | $1,078.23 | +0.45% |
| Feb 22 1997 | $1,073.42 | −0.06% |
| Feb 21 1997 | $1,074.10 | −0.04% |
| Feb 20 1997 | $1,074.50 | −0.06% |