Money

The peruvian currency is the « nuevo sol » , commonly called « sol » (or « soles » in plural). Its symbol is the following: S/. If you see this symbol: $, that is the US dollar. The USD is widely used in Peru and accepted in most big establishments, shopping malls, hotels and restaurants. US dollars and Euros can be changed into Soles in most banks, but local exchange offices (“casa de cambio”) open 7 days a week, usually offers better rates and less waiting time.

It’s also possible to change your currency when you arrive at the airport, but the exchange rate is much less convenient. However, be careful, US Dollar bills must be in perfect state (with no tears, or ink marks). This requirement is less strict concerning the Euro.

Finally, for Canadians, the Canadian dollar is difficult to change, and with less than convenient rates. The same goes for British pound and other less common currencies. We would recommend you enter Peru with a supply of US dollars or euros.

If you use travelers’ checks, you won’t be able to use them as a method of payment but you will be able to have them changed in a bank, or in an exchange office (you will need to present your passport to do this).

Finally, bank cards (Visa, American Express, Mastercard) are accepted in most establishments of a certain standard (hotels, restaurants, souvenir stores). In some cases, transactions fees (in the range of 5%) are to be added to the total amount of the transaction.

Keep in mind that ATMs in Peru will only allow you take out small sums (around 200 US$ per day), even if you have made a previous agreement with your bank.