Price of the dollar today in Peru: what is the exchange rate for this Saturday, April 6

Years after the Independence of the United States of America, the Congress of this country created the United States Mint in the city of Philadelphia in 1792, where the first American dollar was issued as an initiative of President Thomas Jefferson and in this way this was implemented. currency as a standard unit of money.

The exchange rate announced by Sunat is a reference for tax issues, says Jorge Carrillo Acosta. “It is used so that a person can know what type of exchange he records in his accounting during the purchase, sale or in his tax return.”

For example, a company that has its accounting in soles and buys something in dollars, has to use the sales exchange rate on the day of the transaction (the day the invoice is issued). On the other hand, “if I sell in dollars but have accounting in soles, I will have to use the purchase exchange rate with the date (that I sold my good or service).”

“In the case of natural persons, if I issue a receipt for fees in dollars, I have to take into account to pay taxes the Sunat exchange rate, the day of collection, the date that I collect or pay me that receipt.”

The Ocoña dollar, also known as the informal exchange rate, refers to the “street dollar” that is bought and sold in the parallel market or exchange houses.

Its name is given in allusion to the Ocoña jirón, located in the Center of Lima, where the first exchange houses were installed in the eighties.

Photo: Karla Cruz / URPI-LR

Below we show you what the main functions of the Central Reserve Bank of Peru are.

Video: BCR

For several years, in our country the term “coconut” has been used to talk about the US dollar. For this reason, in the Banco de Crédito del Perú (BCP) there is a product called “Cocos y Lucas” to exchange dollars and soles.

Although it sounds somewhat curious, this name is given to this currency because George Washington appears on the one dollar bill, who in Spanish is Jorge and these people are called “Coco.”

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The best time to exchange or sell dollars is in the morning, and the best time range is from 9:00 am to 1:00 pm, that is, at the opening of the foreign exchange market where financial entities or exchange houses offer their best prices.

The purchase is the price at which they will buy the money you have. The sale is the value at which they are going to give or sell you dollars. The amount varies depending on the exchange house or financial institution where you carry out your operations.

Check if your tickets are true or fraudulent in the following clip.

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Two factors influence. The first is the relationship that Peru has with the dollar’s reference nation, the United States. And the second is expectation, which consists of “a feeling of risk.”

According to UPC Finance professor, Jorge Luis Ojeda, “when interest rates here are higher than in the United States, the exchange rate goes down because it is more attractive to place money in soles, then (foreign) capital comes; But when the relationship is inverse, the dollar rises.”

On the other hand, “if we see that here in Peru there is some type of risk, people immediately try to buy dollars and that obviously drives the dollar up.”

“We are a country very dependent on the exchange rate. “A large part of our economy is associated with imported goods that are purchased in dollars,” emphasized Jorge Luis Ojeda.

For example, the country buys wheat at the cost of foreign currency and food in the livestock industry depends on it, in addition to the production of bread and derivatives. This, at the same time, influences the basic family basket. A similar panorama occurs with fuel, which is also purchased from the international market.