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TRM for Wednesday, March 8: full analysis

$4,744.95

▲ $10.53 (+0.22%) vs. previous TRM

Valid on Wednesday, March 8.

What happened with the TRM

The TRM for Wednesday, March 8 was set at $4,744.95, up $10.53 (+0.22%) from the previous rate of $4,734.42. It is a slight change compared with the typical daily change of the past month (0.94%).

It stands below its 20-day average ($4,829.85) and below its 50-day average ($4,758.72), pointing to a short-term downward trend.

Year to date, the dollar is −1.36%; compared with a year ago, +24.43%. 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 77% 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 $4,829.85
Dec 10Mar 8

Recent rates

Valid fromTRMChange
Mar 8 2023$4,744.95+0.22%
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%