Exchange rate: How much is the dollar worth today Tuesday, March 7 in Lima?

This Tuesday, March 7, the exchange rate recorded a new trading session.

During the previous operating session, on Monday March 6, the dollar price peaked with a slight lead, reaching S/3.786, as indicated by the Central Reserve Bank. Previously, it was trading at S/3,784.

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

So far this year, the american currency accumulates a decline of 0.60% compared to the last price of 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.

He exchange rate recorded Wednesday was 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.

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 for changing dollars into soles. This transaction can be done both physically and virtually.

One of the most well-known physical places are exchange offices, where Jiron Oconalocated near the union streetin the Center of Lima.

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 in relation to the ground, has fallen, which has resulted in an appreciation of the peruvian currency compared to the American.

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.