After hitting a high of S/3,896 in the January 24 trading session, the dollar’s price over the year has fallen, although it does exhibit some volatility. | andean

This Monday, March 6, the exchange rate recorded a new trading session.

On the previous operating day, Friday March 3, the dollar price had closed slightly lower, settling at S/3,784, according to the Central Reserve Bank.

During the past week, the dollar it maintained its downward trend, having started the previous Monday at S/3,808. It was not until Thursday that the exchange rate closed higher.

So far this year, the greenback is accumulating a 0.60% decline from its last price in 2022, at S/3,807.

Until Thursday, March 2, the dollar price in Peru, it had been falling steadily since February 24, when it stood at S/3.821. At the close of the trading session on Wednesday March 1, it stood at S/3.779.

The exchange rate started the year at S/3.806.
The exchange rate started the year at S/3.806.

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

He exchange rate started the year at S/3.806. After hitting a high of S/3,896 in the January 24 trading session, the price of the dollar has declined, although it does exhibit some volatility.

There are different channels for changing dollars into 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 the center of Lima.

The exchange rate started the year at S/3.806.
The exchange rate started the year at S/3.806.

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 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 one report, the Peruvian Institute of Economics (IPE) reported that in 2022 the exchange rate 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 sol 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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