The price of the dollar started the year at S/3.806. | REUTERS/Lee Jae-Won/File

This Monday, April 17, the exchange rate recorded a new trading session.

During the previous operating session, on Friday April 14, the dollar price closed slightly lower and was quoted at S/3,776, in line with the Central Reserve Bank (RBC).

The previous week, from Monday 10 to Friday 14 April, the dollar maintained a downward trend. It started at S/3,781 and ended at S/3,775, the currency entity reported.

This is how the exchange rate was quoted on April 14.  |  BCRP
This is how the exchange rate was quoted on April 14. | BCRP

In the last month, from March 17 to April 14, the exchange rate recorded a downward trend.

Its peak level was on March 17, when it stood at S/3,792, and since then it has fallen back to S/3,775 on Tuesday, April 4. Its lowest level during this period was on March 29, an S/3.752.

The price of 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.

One of the most well-known physical places are the exchange houses, where the Jirón Ocoña stands out, located near the Jirón de la Unión, in downtown Lima.

Over the past month, from March 17 to April 14, the exchange rate has recorded a downward trend.  |  REUTERS/Yuriko Nakao
Over the past month, from March 17 to April 14, the exchange rate has recorded a downward trend. | REUTERS/Yuriko Nakao

However, there are also a number of digital platforms that, within minutes, allow you to change your dollars to 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, the exchange rate, i.e. the value of the dollar respect to floorposted a decline, which meant an appreciation of the Peruvian currency against the United States.

In one report, the Peruvian Institute of Economics (PEI) reported that in 2022, the exchange rate started at S/3.98, the highest one-year open 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 sol ranked among the best performing currencies in the region. He floor was appreciated with regard to dollar 4.2%, 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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