Peru's had its problems of late -- including a crushed economy, the deadly virus Situation, corrupt politicians at the highest level.
One attraction for Expats relocating to South America is the strength of the U.S. Dollar (USD) versus the Peruvian Sol (PEN).
Viewing the five-year chart at the exchange-rates site www.xe.com, we see that U.S. currency bottomed out at 3.21 Soles to the Dollar in January 2019 .. and has been on a near-steady rise ever since .. rising to almost 4 Soles to the USD as of today.
This means that compared with early 2019, an Expat can expect to get about 25 percent more for his/her U.S. Dollar now.
Is that enough to make the difference in where an Expat relocates in South America?
You make the call.
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