Know the price of the dollar today in the main banks and the parallel dollar. This Wednesday, July 20, the US currency remains above S / 3.80.
The exchange rate this Wednesday, July 20, 2022, closes at 3,891 soles, a figure higher than the close of Tuesday 19, which stood at 3,875 soles, according to the Central Reserve Bank of Peru (BCRP).
Closing of the dollar today, July 29, according to the BCRP. Photo: Twitter
According to the portal tantoestaeldollar.pe, the exchange rate in the parallel market in Peru it is quoted at S/3,870 for purchase and S/3,900 for sale.
Exchange rate today at BCP, BBVA, Interbank and other banks
| Bank | Purchase | Sale |
|---|---|---|
| BCP | 3,849 | 3,885 |
| interbank | 3,847 | 3,888 |
| BBVA | 3,803 | 3,952 |
| scotiabank | 3,775 | 3,960 |
| National bank | 3,819 | 3,910 |
What is the ‘Ocoña’ dollar or informal exchange rate?
It is called the Ocoña dollar or ‘street dollar’ at the informal exchange rate. That is, the one that is bought and sold in the parallel market or exchange houses. The name has its origin in Jirón Ocoña, a well-known street in downtown Lima.
Why does the price of the dollar go up or down?
The price of the dollar rises or falls when it is affected by supply and demand. If there is more supply than demand, the price falls. But if demand exceeds supply, the price increases.
Find out what the price of the dollar is in Peru today, Wednesday, July 20, 2022. Photo: Javier Quispe/La República.
What is the best time to exchange dollars?
It is proven that the best time to exchange or sell dollars is in the morning. The best range of hours is from 9:00 am to 1:00 pm, at the opening of the foreign exchange market where financial entities or exchange houses offer their best prices.
How much does high interest rates in banks affect the economy?
Why is the exchange rate important?
The exchange rate or exchange rate is important because it helps us know how many units of national currency must be paid to obtain a foreign currency. For example, in Peru, to obtain a dollar, you must pay 3 soles and a little more.
Source: Larepublica
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