TRM for Tuesday, March 16: full analysis
▼ $8.03 (−0.30%) vs. previous TRM
Valid on Tuesday, March 16.
What happened with the TRM
The TRM for Tuesday, March 16 was set at $2,661.45, down $8.03 (−0.30%) from the previous rate of $2,669.48. It is a move within the usual range, close to the typical daily change of the past month (0.47%).
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,677.79) and below its 50-day average ($2,719.38), pointing to a short-term downward trend.
Year to date, the dollar is −4.20%; compared with a year ago, −10.05%. Over the past 52 weeks it has moved between $2,651.94 (Wednesday, February 25) and $2,959.84 (Thursday, March 27, 2003); it is now at 3% 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 16 2004 | $2,661.45 | −0.30% |
| Mar 13 2004 | $2,669.48 | −0.51% |
| Mar 12 2004 | $2,683.08 | −0.08% |
| Mar 11 2004 | $2,685.17 | +0.22% |
| Mar 10 2004 | $2,679.22 | +0.13% |
| Mar 9 2004 | $2,675.65 | +0.09% |
| Mar 6 2004 | $2,673.29 | −0.12% |
| Mar 5 2004 | $2,676.41 | +0.20% |
| Mar 4 2004 | $2,670.97 | +0.40% |
| Mar 3 2004 | $2,660.42 | −0.09% |