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TRM for Thursday, March 16: full analysis

$4,835.51

▲ $99.48 (+2.10%) vs. previous TRM

Valid on Thursday, March 16.

What happened with the TRM

The TRM for Thursday, March 16 was set at $4,835.51, up $99.48 (+2.10%) from the previous rate of $4,736.03. It is a strong move, more than twice the typical daily change of the past month (1.02%). It is the biggest rise since Tuesday, February 7.

It stands above its 20-day average ($4,826.15) and above its 50-day average ($4,759.21), pointing to a short-term upward trend.

Year to date, the dollar is +0.53%; compared with a year ago, +26.04%. 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 83% 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

$4,989.58$4,531.7520-day average $4,826.15
Dec 17Mar 16

Recent rates

Valid fromTRMChange
Mar 16 2023$4,835.51+2.10%
Mar 15 2023$4,736.03−0.71%
Mar 14 2023$4,769.76+0.46%
Mar 11 2023$4,748.14−0.01%
Mar 10 2023$4,748.61−0.15%
Mar 9 2023$4,755.59+0.22%
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%