Over the past month, the exchange rate has shown a downward trend. | REUTERS/Dado Ruvic

This Tuesday, March 14, the exchange rate recorded a new trading session.

During the previous operating session, on Monday March 13, the dollar price closed higher and settled at S/3,798, the Central Reserve Bank. Previously, on Friday March 10, it was quoted at S/3.782.

The previous week, from Monday February 27 to Friday March 3, the dollar it maintained its downtrend, having started it at S/3,808 and closing it at 3,783.

Over the past month, from February 13 to today, the exchange rate shows a downward trend.

Its maximum level was on February 15, when it stood at S/3,867, and since then it has fallen back to S/3,782 on Friday March 10.

The price of the dollar started the week of March 13, trading at S/3,798. |  REUTERS/Claudia Morales
The price of the dollar started the week of March 13, trading at S/3,798. | REUTERS/Claudia Morales

Its lowest level was recorded on Wednesday, March 1, when it stood at S/3,779, the lowest in over 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. Since then, it has been a growing, albeit slight, trend.

He dollar price 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 change dollars A soles. This transaction can be done both physically and virtually.

One of the best-known physical locations are the exchange houseswhere the Jiron Oconalocated near Jirón de la Unión, in the Center of Lima.

There are different channels for changing dollars into soles.  This transaction can be done both physically and virtually.  |  AFP
There are different channels for changing dollars into soles. This transaction can be done both physically and virtually. | AFP

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, 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 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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