No, SB
The Street exchange is better than the bank but is still under the actual......... remember,, the street exchanges have to make a difference that gives a profit.
Still,, the street is better than the bank.
Take $'s from the ATM and exhange on the street for Soles

The US dollar is Peru's second currency. Some years back you would see prices in Dollars for everything in Ripleys dept store and other and in general everywhere except in the local economy - restaurants and so on......
This has changed quite a bit toward the Sole but still is commonly found.
In supermarkets sometimes the registers ring up in both dollars and soles,,,,,,,,,, RealEstate listing are often found listing both $ and s/.'s
I have found it better to deal always in soles / this way you do not have a disadvantage in someone elses assumed exchange rate..
The US and Peru and the US dollar and the sole are very linked.
PS.............. okay...........United States
w
Write down a Capital U on a piece of paper
now, right on top superimpose a Capital S,
?what do you see?

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00abuse

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Generally the nicer areas in Lima are priced in Dollars, This is not always the case though. I rented an apartment in Miraflores two years ago in Sol's and started at the equivalent of $500 and every month the rent went down till we were paying less then $400.00. In January we moved to a new place and pay in Dollars. It is a three year lease with 5% increase each year. I like to lock it in because landlords sometimes offer a good initial rate and then jack you up 20% a year.
My utilities,maintenance,property taxes are all in Sol's so I will get an advantage there. Meanwhile in less than a week the rate went from 3.52-3.45.

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00abuse

Just a note, in the past two weeks the Dollar has fallen from 3.52 to 3.36.

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00abuse