TRM for Friday, March 7: full analysis
▼ $15.12 (−0.74%) vs. previous TRM
Valid on Friday, March 7.
What happened with the TRM
The TRM for Friday, March 7 was set at $2,030.02, down $15.12 (−0.74%) from the previous rate of $2,045.14. It is a strong move, more than twice the typical daily change of the past month (0.36%). It is the biggest drop since Wednesday, October 2, 2013.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($2,042.93) and above its 50-day average ($1,995.83), without a clear short-term trend.
Year to date, the dollar is +5.36%; compared with a year ago, +12.28%. Over the past 52 weeks it has moved between $1,797.28 (Friday, March 15, 2013) and $2,054.90 (Friday, February 28); it is now at 90% 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 2014 | $2,030.02 | −0.74% |
| Mar 6 2014 | $2,045.14 | −0.13% |
| Mar 5 2014 | $2,047.75 | −0.23% |
| Mar 4 2014 | $2,052.51 | +0.28% |
| Mar 1 2014 | $2,046.75 | −0.40% |
| Feb 28 2014 | $2,054.90 | +0.09% |
| Feb 27 2014 | $2,053.11 | +0.37% |
| Feb 26 2014 | $2,045.45 | +0.14% |
| Feb 25 2014 | $2,042.67 | −0.06% |
| Feb 22 2014 | $2,043.96 | −0.41% |