Exchange rate: How much is the dollar today, Friday May 19 in Lima?
This Friday, May 19, the dollar price closed the exchange session slightly downwards and was quoted at S/3,686, reported the Central Reserve Bank (BCR).
In the previous operating session, on Thursday, May 18, the exchange rate had closed higher and was located at S/3,698, according to information from the BCR.
In the previous week, from Monday 8 to Friday 12 May, the dollar price showed a constant downward trend. It started at S/3,707 and ended at S/3,660, according to information from the BCR.
In the last month, from April 17 to May 12, the green ticket posted a clear downward trend. This period began at S/3,783 and ended at S/3,660.
Its maximum level was on April 17, when it stood at S/3,783, while the lowest during this period was precisely that of Friday, May 12: S/3,660.
At the beginning of 2023, the exchange rate stood at S/3,806. After reaching a maximum of S/3,896 in the exchange session on January 24, the dollar price has been declining, although presenting some volatility.
In this context of reduction of dollar pricethe president of the BCR, Julio Velardestated that the peruvian sol It has been positioning itself as one of the most stable currencies.
“The sol is one of the most stable currencies. Since the beginning of the century, it has only devalued 6% due to the recent appreciation that occurred while other currencies depreciated more than 50%,” he indicated on Wednesday, May 10.
There are different channels to switch Dollars to Suns. This transaction can be done both physically and virtually.
One of the best-known physical places are the exchange houses, where the Jiron Ocoñalocated near Jirón de la Unión, in the Center of Lima.
However, there are also a number of digital platforms that, in a matter of minutes, allow you to change your dollars to soles and vice versa.
Banks are also another physical and, in turn, virtual option, since they make their own platforms available to users to carry out these operations.
In 2022, the exchange market in the country was marked by high uncertainty. Despite this, the exchange rate, that is, the value of the dollar against the sol, showed a fall, which meant an appreciation of the Peruvian currency with respect to the United States.
In a report, the Peruvian Institute of Economics (IPE) reported that, in 2022, the exchange rate started at S/3.98, the highest opening value for a year since 1991, when the Peruvian sol began to be used. However, the price of the dollar closed at S/3.81, 4.2% below its value at the end of 2021.
In addition, during 2022, the peruvian sol it ranked as one of the best performing currencies in the region. The sol appreciated against the dollar by 4.2%, while the opposite situation occurred with other neighboring currencies, such as the Chilean and Colombian pesos, which depreciated by 8% and 20% of their value, respectively.