TRM for Friday, March 17: full analysis
▼ $48.65 (−1.64%) vs. previous TRM
Valid on Friday, March 17.
What happened with the TRM
The TRM for Friday, March 17 was set at $2,923.96, down $48.65 (−1.64%) from the previous rate of $2,972.61. It is a strong move, more than twice the typical daily change of the past month (0.66%). It is the biggest drop since Friday, January 13.
The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($2,940.85) and below its 50-day average ($2,924.38), pointing to a short-term downward trend.
Year to date, the dollar is −2.56%; compared with a year ago, −7.35%. Over the past 52 weeks it has moved between $2,833.78 (Tuesday, May 3, 2016) and $3,187.97 (Thursday, November 24, 2016); it is now at 25% 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 2017 | $2,923.96 | −1.64% |
| Mar 16 2017 | $2,972.61 | −0.84% |
| Mar 15 2017 | $2,997.73 | +0.33% |
| Mar 14 2017 | $2,987.93 | +0.24% |
| Mar 11 2017 | $2,980.83 | −0.79% |
| Mar 10 2017 | $3,004.43 | +0.55% |
| Mar 9 2017 | $2,987.88 | +0.52% |
| Mar 8 2017 | $2,972.44 | +0.19% |
| Mar 7 2017 | $2,966.67 | −0.36% |
| Mar 4 2017 | $2,977.43 | +0.56% |