TRM for Tuesday, March 31: full analysis
▲ $75.65 (+3.04%) vs. previous TRM
Valid on Tuesday, March 31.
What happened with the TRM
The TRM for Tuesday, March 31 was set at $2,561.21, up $75.65 (+3.04%) from the previous rate of $2,485.56. It is a strong move, more than twice the typical daily change of the past month (1.39%). It is the biggest rise since Thursday, October 16, 2008.
The TRM has now risen for 6 days in a row. It stands above its 20-day average ($2,473.28) and above its 50-day average ($2,452.06), pointing to a short-term upward trend.
Year to date, the dollar is +14.16%; compared with a year ago, +40.60%. 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 96% 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 31 2009 | $2,561.21 | +3.04% |
| Mar 28 2009 | $2,485.56 | +2.04% |
| Mar 27 2009 | $2,435.81 | +2.35% |
| Mar 26 2009 | $2,379.94 | +1.14% |
| Mar 25 2009 | $2,353.21 | +0.53% |
| Mar 21 2009 | $2,340.83 | +0.24% |
| Mar 20 2009 | $2,335.29 | −2.01% |
| Mar 19 2009 | $2,383.15 | −0.33% |
| Mar 18 2009 | $2,390.98 | +0.00% |
| Mar 17 2009 | $2,390.96 | −2.22% |