Price of the dollar today, November 22: this is how the exchange rate opened in Peru

HOW TO GET A BETTER EXCHANGE RATE?

The ideal time to exchange dollars is in the morning, since financial institutions or exchange houses normally have the best prices between 9 am and 1 pm from Monday to Friday.

This is how the exchange rate opened in Peru:

How much did the dollar close at on Tuesday, November 21?

The price of the dollar in the country on Tuesday, November 21, 2023 closed at S/3.7390 (with an opening of S/3.7320), as announced by the Central Reserve Bank of Peru (BCRP ).

The interbank exchange rate on Tuesday, November 21, closed with an average value of S/3.7424, with a maximum of S/3.7460 and a minimum of S/3.7350.

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 in force 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 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 for this Wednesday, November 22.

• Price of the dollar in Peru: how much the exchange rate closed at on Tuesday, November 21