TRM for Friday, March 18: full analysis
▼ $68.51 (−2.17%) vs. previous TRM
Valid on Friday, March 18.
What happened with the TRM
The TRM for Friday, March 18 was set at $3,087.39, down $68.51 (−2.17%) from the previous rate of $3,155.90. It is a strong move, more than twice the typical daily change of the past month (0.94%). It is the biggest drop since Saturday, January 23.
The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($3,227.96) and below its 50-day average ($3,288.91), pointing to a short-term downward trend.
Year to date, the dollar is −1.97%; compared with a year ago, +15.29%. Over the past 52 weeks it has moved between $2,360.58 (Saturday, May 9, 2015) and $3,434.89 (Friday, February 12); it is now at 68% 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 18 2016 | $3,087.39 | −2.17% |
| Mar 17 2016 | $3,155.90 | −0.63% |
| Mar 16 2016 | $3,175.88 | −0.00% |
| Mar 15 2016 | $3,175.95 | +0.37% |
| Mar 12 2016 | $3,164.12 | −1.25% |
| Mar 11 2016 | $3,204.27 | +0.37% |
| Mar 10 2016 | $3,192.49 | +1.16% |
| Mar 9 2016 | $3,155.90 | +0.66% |
| Mar 8 2016 | $3,135.28 | −0.88% |
| Mar 5 2016 | $3,163.25 | −1.24% |