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TRM for Saturday, March 16: full analysis

$3,884.64

▼ $14.75 (−0.38%) vs. previous TRM

Valid from Saturday, March 16 to Monday, March 18.

What happened with the TRM

The TRM for Saturday, March 16 was set at $3,884.64, down $14.75 (−0.38%) from the previous rate of $3,899.39. It is a move within the usual range, close to the typical daily change of the past month (0.30%).

The TRM has now fallen for 3 days in a row. It stands below its 20-day average ($3,925.85) and below its 50-day average ($3,927.90), pointing to a short-term downward trend.

Year to date, the dollar is +1.64%; compared with a year ago, −19.66%. Over the past 52 weeks it has moved between $3,822.05 (Friday, December 29, 2023) and $4,866.50 (Friday, March 17, 2023); it is now at 6% of that range, close to the bottom.

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

$3,975.74$3,822.0520-day average $3,925.85
Dec 19Mar 16

Recent rates

Valid fromTRMChange
Mar 16 2024$3,884.64−0.38%
Mar 15 2024$3,899.39−0.22%
Mar 14 2024$3,908.02−0.30%
Mar 13 2024$3,919.86+0.31%
Mar 12 2024$3,907.81+0.06%
Mar 9 2024$3,905.45−0.39%
Mar 8 2024$3,920.79−0.30%
Mar 7 2024$3,932.55−0.32%
Mar 6 2024$3,945.32−0.08%
Mar 5 2024$3,948.67+0.35%