TRM for Saturday, March 7: full analysis
▼ $24.35 (−0.95%) vs. previous TRM
Valid from Saturday, March 7 to Monday, March 9.
What happened with the TRM
The TRM for Saturday, March 7 was set at $2,548.57, down $24.35 (−0.95%) from the previous rate of $2,572.92. It is a move within the usual range, close to the typical daily change of the past month (0.97%). It is the biggest drop since Saturday, January 17.
The TRM has now fallen for 2 days in a row. It stands above its 20-day average ($2,547.79) and above its 50-day average ($2,383.98), pointing to a short-term upward trend.
Year to date, the dollar is +13.59%; compared with a year ago, +35.55%. Over the past 52 weeks it has moved between $1,652.41 (Thursday, June 19, 2008) and $2,596.37 (Wednesday, February 25); it is now at 95% 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 7 2009 | $2,548.57 | −0.95% |
| Mar 6 2009 | $2,572.92 | −0.64% |
| Mar 5 2009 | $2,589.48 | +0.02% |
| Mar 4 2009 | $2,588.96 | −0.08% |
| Mar 3 2009 | $2,590.97 | +1.37% |
| Feb 28 2009 | $2,555.89 | +0.03% |
| Feb 27 2009 | $2,555.05 | −0.79% |
| Feb 26 2009 | $2,575.50 | −0.80% |
| Feb 25 2009 | $2,596.37 | +0.94% |
| Feb 24 2009 | $2,572.30 | −0.62% |