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TRM for Tuesday, March 7: full analysis

$4,734.42

▼ $46.47 (−0.97%) vs. previous TRM

Valid on Tuesday, March 7.

What happened with the TRM

The TRM for Tuesday, March 7 was set at $4,734.42, down $46.47 (−0.97%) from the previous rate of $4,780.89. It is a move within the usual range, close to the typical daily change of the past month (1.07%).

The TRM has now fallen for 2 days in a row. It stands below its 20-day average ($4,831.41) and below its 50-day average ($4,759.45), pointing to a short-term downward trend.

Year to date, the dollar is −1.58%; compared with a year ago, +24.39%. Over the past 52 weeks it has moved between $3,706.95 (Tuesday, April 5, 2022) and $5,061.21 (Saturday, November 5, 2022); it is now at 76% 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.

Last 90 days

$4,989.58$4,531.7520-day average $4,831.41
Dec 8Mar 7

Recent rates

Valid fromTRMChange
Mar 7 2023$4,734.42−0.97%
Mar 4 2023$4,780.89−1.54%
Mar 3 2023$4,855.83+0.15%
Mar 2 2023$4,848.78+0.72%
Mar 1 2023$4,814.11+0.12%
Feb 28 2023$4,808.14−0.86%
Feb 25 2023$4,849.65−0.09%
Feb 24 2023$4,853.90−1.44%
Feb 23 2023$4,924.91−0.51%
Feb 22 2023$4,950.33+0.64%