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Currency
The Peruvian currency is the nuevo sol, and its
symbol is S/. This is issued in
10, 20, 50, 100 and 200 nuevos soles bills; in 1, 2 and
5 nuevos soles, and in 5, 10, 20 and 50 cents of nuevo
sol.
There are banks and exchange
booths in the airports where you convert your money into
nuevos soles. When you receive your change make sure the
transaction was done correctly.
The dollar is widely accepted
in Peru as well, but be careful with the variations of
the dollar value throughout the country.
When you receive cash, dollars
or soles, make sure the bills are in good condition, in
their entirety, and without any writing or marks on them.
Also watch out for counterfeit bills that could be circulating
within Peru.
Travelers
Checks
The use of traveler's checks
is not very common in the country's commercial establishments. It
may even be a hassle to change them for cash in some banks. Expect
a 2% to 5% loss from the total when exchanging traveler's
checks.
Automatic
Teller
Machines (ATM)
They are available in the
country's main cities.
Credit
Cards
The most widely used in Peru
are: American Express, Visa, Diner's Club and Master Card;
however, they are not commonly used in the provinces.
Money
Exchange
Established exchange booths
and locales abound in Peru's main cities. Hotels also
offer this service, but they use a lower conversion rate.
Without a doubt, the easiest currency to exchange is the
U.S. dollar (USD). There
are street vendors that also exchange money, but if you
decide to use their services, be very careful and count
your money very well. It is not advisable.
For information
on exchange rates check The
Universal Currency Converter (TM)
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