Peruvian Currency Guide 2026: Soles, Dollars, and Credit Cards

Understanding Money in Peru

Before exploring Peru’s breathtaking landscapes and ancient wonders, it’s essential to understand how money works here. Whether you’re dining in Lima, shopping at Cusco’s markets, or traveling through the Sacred Valley, knowing how to manage your cash, cards, and exchanges will make your journey smoother and worry-free.

This Peruvian Currency Guide 2026 explains everything you need to know about the Peruvian sol, exchanging money, and using credit cards safely during your trip — so you can spend confidently and avoid unnecessary fees or confusion while traveling in Peru.

What Is the Currency in Peru?

Peru’s official currency is the Peruvian Sol (PEN), symbolized as S/.
It replaced the old “nuevo sol” and is now simply called sol, meaning “sun” in Spanish — a symbol of energy and renewal.

According to the Central Reserve Bank of Peru (BCRP), as of October 31, 2025, the exchange rate is approximately S/ 3.37 per US dollar.

However, this rate fluctuates daily, so it’s always best to check the official BCRP website or your bank’s rate before exchanging or withdrawing money.

Paper bills come in denominations of 10, 20, 50, 100, and 200 soles, while coins range from 10, 20, and 50 céntimos to 1, 2, and 5 soles.

Tip: Always carry smaller bills when visiting local markets, taking taxis, or shopping in small towns — finding change for large notes can be difficult.

Where to Exchange Money in Peru

There are several safe and convenient ways to exchange your foreign currency into soles:

• Banks – Reliable but often have long lines and slightly less favorable rates.
• Exchange Houses (Casas de Cambio) – The most practical option, offering competitive rates and secure service.
• Hotels – Convenient, but rates are typically lower than market averages.
• Street Money Changers – Common in tourist areas like Lima or Cusco, but proceed with caution and verify authenticity of bills.

Recommendation: Always exchange money in official establishments and count your bills before leaving the counter. Avoid changing large amounts in public places.

Using Credit and Debit Cards

Credit and debit cards are widely accepted in major cities such as Lima, Cusco, and Arequipa, especially at hotels, restaurants, and tour agencies.
Visa is the most commonly accepted card, followed by MasterCard and American Express.

However, in smaller towns or rural areas, cash is king.
It’s wise to keep at least S/ 200–300 in cash for taxis, souvenirs, or emergencies.

Tip: Notify your bank of your travel dates before arriving in Peru to avoid card blocks for suspicious foreign activity.

ATMs and Withdrawing Cash

ATMs are easy to find throughout Peru — in airports, shopping centers, and city streets.
Most allow withdrawals in both soles and US dollars.

• Daily withdrawal limits range from S/ 700 to S/ 800 (or equivalent).
• Local banks may charge small fees for foreign cards, while your home bank might apply international transaction fees.

For extra safety, use ATMs inside banks or malls and avoid withdrawing money late at night.

Haggling and Shopping Tips

Bargaining is a normal part of Peruvian market culture, especially when buying handicrafts, textiles, or art.
Prices are often set higher for tourists, so don’t hesitate to negotiate — but always with respect and fairness.
Remember, many artisans rely on their craft as their main source of income.

Tipping in Peru

While tipping is not mandatory, it is a thoughtful way to show appreciation for good service.

• Restaurants: Around 10% is customary unless a service charge is already included.
• Tour Guides: Between S/ 30–50 per day for multi-day tours; S/ 5–10 for shorter ones.
• Taxis: Tipping isn’t required, but rounding up the fare is always appreciated.

Frequently Asked Questions about Currency in Peru (2026)

Final Travel Tips

• Keep a few small USD bills for emergencies or remote exchanges.
• Avoid torn, stained, or damaged notes — most shops won’t accept them.
• Always check the daily exchange rate before traveling or making large purchases.
• Use a money belt or secure pouch in crowded areas, especially in markets or transport stations.

Experience Peru with Confidence

Understanding how money works in Peru will help you travel smartly and safely, allowing you to focus on the country’s true wealth — its people, culture, and unforgettable landscapes.

At View Signature Travels, we provide expert guidance to ensure every part of your journey runs smoothly, from currency exchange to cultural experiences.
Plan your 2026 adventure with confidence — and let Peru’s beauty reward every sol spent.

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