TRM for Friday, March 9: full analysis
▼ $8.82 (−0.50%) vs. previous TRM
Valid on Friday, March 9.
What happened with the TRM
The TRM for Friday, March 9 was set at $1,765.06, down $8.82 (−0.50%) from the previous rate of $1,773.88. It is a move within the usual range, close to the typical daily change of the past month (0.35%).
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($1,777.31) and below its 50-day average ($1,817.96), pointing to a short-term downward trend.
Year to date, the dollar is −9.14%; compared with a year ago, −6.60%. Over the past 52 weeks it has moved between $1,748.41 (Friday, July 15, 2011) and $1,972.76 (Wednesday, October 5, 2011); it is now at 7% 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 9 2012 | $1,765.06 | −0.50% |
| Mar 8 2012 | $1,773.88 | −0.31% |
| Mar 7 2012 | $1,779.32 | +0.30% |
| Mar 6 2012 | $1,774.03 | −0.09% |
| Mar 3 2012 | $1,775.69 | +0.28% |
| Mar 2 2012 | $1,770.70 | +0.22% |
| Mar 1 2012 | $1,766.85 | −0.06% |
| Feb 29 2012 | $1,767.83 | −0.53% |
| Feb 28 2012 | $1,777.27 | +0.27% |
| Feb 25 2012 | $1,772.42 | −0.21% |