TRM for Tuesday, March 17: full analysis
▼ $54.34 (−2.22%) vs. previous TRM
Valid on Tuesday, March 17.
What happened with the TRM
The TRM for Tuesday, March 17 was set at $2,390.96, down $54.34 (−2.22%) from the previous rate of $2,445.30. It is a strong move, more than twice the typical daily change of the past month (1.03%). It is the biggest drop since Thursday, December 18, 2008.
The TRM has now fallen for 5 days in a row. It stands below its 20-day average ($2,545.15) and below its 50-day average ($2,419.06), pointing to a short-term downward trend.
Year to date, the dollar is +6.57%; compared with a year ago, +29.67%. 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 78% of that range, in the middle.
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 17 2009 | $2,390.96 | −2.22% |
| Mar 14 2009 | $2,445.30 | −1.45% |
| Mar 13 2009 | $2,481.26 | −1.02% |
| Mar 12 2009 | $2,506.73 | −0.73% |
| Mar 11 2009 | $2,525.06 | −1.34% |
| Mar 10 2009 | $2,559.36 | +0.42% |
| 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% |