So far this year, the maximum value of the exchange rate was 3,896 S/s, reached during the January 24 trading session. REUTERS/Dado Ruvic

This Friday, March 3, the dollar price The day started at S/3,789, as reported by the Central Reserve Bank of Peru.

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On the eve of March 2, according to the monetary entity, the sale of the exchange rate on the interbank market, it increased slightly: it rose from S/3.779 to S/3.789.

Until this Thursday, March 2, the exchange rate in the country, it had declined consecutively since February 24, when it was at S/3.823, until the close of the trading session on Wednesday, March 1, when it was at S/3.779.

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He dollar price recorded on Wednesday had been the lowest in more than eight months. The time it had a lower level was June 27, 2022, when it was listed at S/3,775, according to agency data. Bloomberg.

The exchange rate had fallen in recent days. | andean
The exchange rate had fallen in recent days. | andean

He dollar started the year at S/3.806. After peaking at S/3,896 in the January 24 trading session, the exchange rate decreased, although it shows some volatility.

There are different channels to switch dollars A soles. This transaction can be done both physically and virtually.

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One of the most well-known physical places are exchange offices, where Jiron Oconalocated near Jirón de la Unión, in the Center of Lima.

El Jirón Ocoña, in downtown Lima, is one of the best-known physical places to exchange dollars for soles and vice versa. | andean
El Jirón Ocoña, in downtown Lima, is one of the best-known physical places to exchange dollars for soles and vice versa. | andean

However, there are also a number of digital platforms which, within minutes, allow you to change your dollars A soles and vice versa.

Banks are also another physical and, in turn, virtual option, since they make their own platforms available to users to carry out these operations.

In 2022, the Change market in the country has been marked by great uncertainty. Despite this, he exchange ratethat is, the value of the dollar in relation to the ground, showed a decline, which meant an appreciation of the Peruvian currency against the United States.

In 2022, the country's foreign exchange market was marked by high uncertainty.
In 2022, the country’s foreign exchange market was marked by high uncertainty.

In one report, the Peruvian Institute of Economics (PEI) reported that in 2022, the exchange rate It started at S/3.98, the highest one-year opening value since 1991, when Peruvian sol began to be used. However, the price of the dollar closed at S/3.81, 4.2% below its value at the end of 2021.

Moreover, in 2022, the peruvian soil it ranked among the best performing currencies in the region. The sol appreciated by 4.2% against the dollar, while the opposite situation occurred with other neighboring currencies, such as the Chilean and Colombian pesos, which depreciated by 8% and 20% respectively. of their value.

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