Latin America: change in currency exchange rates to USD after COVID-19 in 2020

Published by Statista Research Department, May 22, 2024
Due to the coronavirus outbreak, economic and financial markets worldwide have been experiencing periods of stress, and the foreign exchange market is not the exception. Among the Latin American currencies shown in this graph, the Brazilian real has experienced the highest depreciation in relation to the U.S. dollar since the COVID-19 pandemic spread in the American continent. Between March 2 and May 28 of 2020, the Brazilian real lost almost 16% of its value in comparison to the U.S. dollar. The Peruvian sol is one of the Latin American currencies that has shown the best performance since the beginning of this crisis.

Impact of the COVID-19 pandemic on the exchange rate of selected Latin American currencies to the U.S. dollar (USD) from March to May 2020

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Release date

May 2020

Region

LAC

Survey time period

March 3 to May 28, 2020

Special properties

Based on adjusted close price of March 2, 2020*

Supplementary notes

* Figures were calculated by Statista based on the close prices adjusted for both dividends and splits provided by the source.

This statistic was assembled by Statista using different links for each currency:

Argentine peso
Chilean peso
Colombian peso
Mexican peso
Brazilian real
Peruvian sol

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