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The official exchange rate of the U.S. dollar in Peru closed on Thursday, November 5, at 3.4450 soles per dollar, according to the Central Reserve Bank of Peru (BCRP). The rate opened the day at 3.4460 soles. The inter‑bank market reported an average closing rate of 3.4492 soles, with a daily high of 3.4530 and a low of 3.4430. The “dólar Ocoña,” also known as the informal or street dollar, refers to the parallel market rate at which dollars are bought and sold in exchange houses. The Ocoña rate remains a reference point for the unofficial market, according to BBVA. Official closing rates are published on the website of the Superintendence of Banking, Insurance and AFP (SBS). The difference between buying and selling prices reflects the amount a buyer is willing to pay and the amount a seller is willing to receive, respectively. The dollar’s price is determined by market supply and demand dynamics. Article source: El Comercio | Image credit: El Comercio
The official exchange rate of the U.S. dollar in Peru closed on Thursday, November 5, at 3.4450 soles per dollar, according to the Central Reserve Bank of Peru (BCRP). The rate opened the day at 3.4460 soles. The inter‑bank market reported an average closing rate of 3.4492 soles, with a daily high of 3.4530 and a low of 3.4430. The “dólar Ocoña,” also known as the informal or street dollar, refers to the parallel market rate at which dollars are bought and sold in exchange houses. The Ocoña rate remains a reference point for the unofficial market, according to BBVA. Official closing rates are published on the website of the Superintendence of Banking, Insurance and AFP (SBS). The difference between buying and selling prices reflects the amount a buyer is willing to pay and the amount a seller is willing to receive, respectively. The dollar’s price is determined by market supply and demand dynamics.
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