Price of the dollar in Peru on September 21: check the exchange rate for Thursday

How much did the dollar close at on Wednesday, September 20?

The price of the dollar in the country on Wednesday, September 20, 2023 closed at S/3.7230 (with an opening of S/3.7075), as announced by the Central Reserve Bank of Peru (BCRP). ).

The interbank exchange rate closed with an average value of S/3.7160, with a maximum of S/3.7200 and a minimum of S/3.7110. .

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 rises?

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 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 Thursday, September 21.

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