Price of the dollar today in Peru: exchange rate for Tuesday, September 19

How much did the dollar close at on Monday, September 18?

The price of the dollar in the country on Monday, September 18, 2023 closed at S/3.7100 (with an opening of S/3.7100), as announced by the Central Reserve Bank of Peru (BCRP). ).

The interbank exchange rate closed with an average value of S/3.7093, with a maximum of S/3.7120 and a minimum of S/3.7060.

What is the Ocoña dollar?

The Ocoña dollar is the “street dollar”, that is, the informal exchange rate, the one that is bought and sold in the parallel market or exchange houses. The Ocoña jirón and the “Ocoña dollar” are still valid as a reference for the parallel market for the purchase and sale of dollars.

Source: BBVA

What is the difference between the buying and selling price of the dollar?

• Purchase price: what the buyer is willing to pay to acquire the asset.

• Sale price: what the seller is willing to receive for selling the asset.

WHAT HAPPENS WHEN THE EXCHANGE RATE RAISES?

When the exchange rate of a local currency rises against another currency, it causes the currency to weaken, ie. loses its value against the other currency.

WHAT IS THE SUNAT EXCHANGE RATE FOR?

The SUNAT exchange rate is used to calculate Income Tax in Peru. To calculate the income tax, the closing exchange rate must be taken as of December 31 of the corresponding year. Likewise, it must be used to be considered for the calculation and payment of other taxes and customs issues.

What does the price of the dollar depend on?

It depends on the supply and demand of the market. How difficult it is to get it for someone who needs it and how easy it is to sell it for someone who has it.

Check the buying and selling price of the dollar in the country this Tuesday, September 19.

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