Travel Reference
In-Depth Information
Money
Peru uses the nuevo sol (S), which comes in bills of S10, S20, S50, S100 and (rarely) S200.
The nuevo sol (new sun) is divided into 100 céntimos, with copper- and silver-colored
coins of S0.05, S0.10, S0.20 and S0.50. There are also S1, S2 and S5 coins - the latter two
of which come in a combination of silver and copper.
ATMS
»
Cajeros automáticos
(ATMs) are found almost everywhere. These are linked to the inter-
national Plus (Visa), Cirrus (Maestro/MasterCard) systems, American Express and other
networks. They accept most bank cards on prominent international networks.
» Both US dollars and nuevos soles are readily available from many ATMs (especially in
Lima).
» For safety reasons, use ATMs inside banks, preferably during daylight hours.
CASH
» Peru is largely a cash economy, so make sure that you have plenty of cash on hand.
» When receiving local currency, always ask for
billetes pequeños
(small bills), as S100
bills are hard to change for small purchases. And carry as much spare change as possible,
especially in small towns.
» Do not accept torn or vandalized money as it will likely not be accepted.
» It is best not to change money on the street as counterfeits can be a problem.
» Authentic bills contain watermarks, embossed printing and a metal strip running through
the bill that reads 'Peru' in clear, tiny letters. In addition, tiny pieces of colored thread and
holographic dots scattered on the bill should be embedded in the paper, not glued on.
» US dollars are accepted by many tourist-oriented businesses, including hotels and tour
agencies.
CHANGING MONEY
The best currency for exchange is the US dollar, although the euro is increasingly accepted
- but these must be in flawless condition. In addition to
casas de cambio
(foreign-exchange
bureaus), it is possible (though not necessarily recommended) to exchange cash with
camb-
