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TRM for Friday, March 6: full analysis

$3,522.41

▲ $63.96 (+1.85%) vs. previous TRM

Valid on Friday, March 6.

What happened with the TRM

The TRM for Friday, March 6 was set at $3,522.41, up $63.96 (+1.85%) from the previous rate of $3,458.45. It is a strong move, more than twice the typical daily change of the past month (0.89%).

The TRM has now risen for 2 days in a row. It stands above its 20-day average ($3,436.29) and above its 50-day average ($3,369.30), pointing to a short-term upward trend.

Year to date, the dollar is +7.48%; compared with a year ago, +13.66%. 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 96% 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 $3,436.29
Dec 10Mar 6

Recent rates

Valid fromTRMChange
Mar 6 2020$3,522.41+1.85%
Mar 5 2020$3,458.45+0.08%
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%