Peru's economy is doing very well, especially when compared to the rest of Latin America and for that matter, the world economy. Of course that means that our dollars are worth less and less there all the time. Our first time in Peru (Nov 2008) a US dollar was worth about 3.1 Peruvian soles. Now the rate is about 2.8. On the other hand, the Argentinian peso in the same time period has gone from 3.4 to 3.9. Nobody ever accused us of using logic in these where-to-live decisions.
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As at May 7, it's 2.85 soles to the dollar. Going up a little.
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