The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Peru can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Peru bank accounts or pay a Peruvian nuevo sol invoice.
USD to PEN Market Data
US dollar (USD) to Peruvian nuevo sol (PEN) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell USD →
Buy PEN
1 USD = 3.5449 PEN
—
USD to PEN at 3.5596 is 2.5% below its 3-month average of 3.6503, having traded in a quite stable 5.5% range from 3.5479 to 3.7422
Is the USD to PEN Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Peruvian nuevo sol is to review how the USD/PEN rate has changed over time.
The table below shows the percentage change in the USD to PEN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/PEN
Change
Period
07 Jul 2023
3.6405
1.5% ▼
2 Week
22 Apr 2023
3.7620
4.6% ▼
3 Month
21 Jul 2022
3.8896
7.8% ▼
1 Year
22 Jul 2018
3.2750
9.5% ▲
5 Year
23 Jul 2013
2.7704
29.5% ▲
10 Year
26 Jul 2003
3.4629
3.6% ▲
20 Year
USD/PEN historic rates & change to 21-Jul-2023
USD to PEN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Peruvian nuevo sol across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to PEN?
The best USD to PEN exchange rate is 3.5236 from XE. This is -0.6% compared to the mid-market rate 3.5449.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Peruvian nuevo sol (PEN) rates from different sources before making a conversion.
The above
Dollar to Sol comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-PEN mid-rate and the possible savings of using various providers.
How do USD-PEN rates compare between providers?
Looking at the full
USD to PEN - Send Money comparison table the provider with the best USD to PEN exchange rate is XE at 3.5236, -0.6% from the latest mid-market rate 3.5449.
The next best is Wise at 3.5218, -0.65% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.