Price of the Euro in Peru: Check the exchange rate and price for today, Sunday March 26

how much is the euro today in Peru? Here we tell you what the price of this currency is in Peru for this Sunday, March 26, 2023. To date, the price of the euro continues to decline and globally it is close to a minimum figure of two decades, according to the latest data. issued by the Central Reserve Bank (BCR).

WHAT IS THE PRICE OF THE EURO TODAY?

Today, Sunday March 26, 2023, the price of the euro is trading at an average of S/. 4.07.

WHAT IS THE EURO?

He euro It is the currency of the European Union, made up of 17 states: Germany, Austria, Belgium, Cyprus, Slovakia, Slovenia, Spain, Estonia, Finland, France, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands and Portugal. In the eurozone, the euro is used by 329 million citizens, while in the rest of the world 240 million also use it as a means of exchange.

WHY IS THE EURO FALLING?

This is due to the strength of the dollar, supported by the monetary policy of the United States Federal Reserve (Fed).

Contrary to the European Central Bank (ECB), the Fed quickly began raising interest rates to fight inflation.

Those high interest rates make holding dollars more profitable, attracting investors and further appreciating the currency.

For its part, the ECB has finally raised its rates moderately, but its long-term policy is unknown, and this uncertainty weighs against the euro.

WHICH BANKS IN PERU SELL AND BUY EUROS

Meet the banks in Peru that offer purchase and sale of euros: