TRM for Friday, March 7: full analysis
▲ $23.43 (+1.26%) vs. previous TRM
Valid on Friday, March 7.
What happened with the TRM
The TRM for Friday, March 7 was set at $1,880.12, up $23.43 (+1.26%) from the previous rate of $1,856.69. It is a move within the usual range, close to the typical daily change of the past month (0.65%). It is the biggest rise since Wednesday, January 23.
The TRM has now risen for 2 days in a row. It stands below its 20-day average ($1,884.97) and below its 50-day average ($1,938.67), pointing to a short-term downward trend.
Year to date, the dollar is −6.68%; compared with a year ago, −15.40%. Over the past 52 weeks it has moved between $1,841.61 (Wednesday, March 5) and $2,218.94 (Thursday, March 8, 2007); it is now at 10% 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 7 2008 | $1,880.12 | +1.26% |
| Mar 6 2008 | $1,856.69 | +0.82% |
| Mar 5 2008 | $1,841.61 | −0.42% |
| Mar 4 2008 | $1,849.46 | +0.23% |
| Mar 1 2008 | $1,845.17 | +0.09% |
| Feb 29 2008 | $1,843.59 | −0.61% |
| Feb 28 2008 | $1,854.87 | −1.29% |
| Feb 27 2008 | $1,879.19 | −0.47% |
| Feb 26 2008 | $1,887.97 | −0.21% |
| Feb 23 2008 | $1,892.00 | −0.20% |