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TRM for Wednesday, March 4: full analysis

$3,455.56

▼ $56.61 (−1.61%) vs. previous TRM

Valid on Wednesday, March 4.

What happened with the TRM

The TRM for Wednesday, March 4 was set at $3,455.56, down $56.61 (−1.61%) from the previous rate of $3,512.17. It is a move within the usual range, close to the typical daily change of the past month (0.85%). It is the biggest drop since Wednesday, June 5, 2019.

The TRM has now fallen for 2 days in a row. It stands above its 20-day average ($3,423.47) and above its 50-day average ($3,363.24), pointing to a short-term upward trend.

Year to date, the dollar is +5.44%; compared with a year ago, +11.78%. Over the past 52 weeks it has moved between $3,082.45 (Friday, March 22, 2019) and $3,539.86 (Saturday, February 29); it is now at 82% 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.

Last 90 days

$3,539.86$3,253.8920-day average $3,423.47
Dec 6Mar 4

Recent rates

Valid fromTRMChange
Mar 4 2020$3,455.56−1.61%
Mar 3 2020$3,512.17−0.78%
Feb 29 2020$3,539.86+0.93%
Feb 28 2020$3,507.11+1.90%
Feb 27 2020$3,441.88+0.49%
Feb 26 2020$3,425.22−0.19%
Feb 25 2020$3,431.60+0.99%
Feb 22 2020$3,398.05−0.16%
Feb 21 2020$3,403.50+0.07%
Feb 20 2020$3,400.98−0.27%