Peru Banks Currency Information and Tips

Handling money in Peru is simple once you understand how the local currency, banks, and exchange system work. Whether you’re visiting Cusco, heading to Machu Picchu, or exploring remote areas, knowing how to manage your cash and cards will make your trip smoother and safer.

Planning your trip to Peru? Explore our best Machu Picchu tours, unforgettable Rainbow Mountain tours from Cusco, and authentic experiences in the Sacred Valley.

Currency in Peru

The official currency is the Peruvian Sol (PEN), represented by the symbol S/. While US dollars are commonly exchanged, most transactions across the country are made in soles.

• Coins: 10, 20, 50 céntimos; 1, 2, and 5 soles
• Bills: 10, 20, 50, 100, and 200 soles

Make sure your US dollar bills are clean and undamaged, as torn or marked notes are often not accepted in exchange offices.

Where to Exchange Money in Peru

• Currency exchange offices (Casas de Cambio): Best rates, especially in Cusco
• Banks: Safe but slower
• Hotels & airports: Convenient but lower exchange rates

In Cusco, you will find many exchange offices along Avenida El Sol and near Plaza de Armas.

Banks in Peru

The Peruvian banking system is reliable, with major banks including:

• BCP (Banco de Crédito del Perú)
• BBVA Perú
• Interbank
• Scotiabank Perú

Most banks operate Monday to Friday from 9:00 AM to 4:00 PM.

Using ATMs in Peru

• Widely available in cities and tourist areas
• Withdrawal limits: 400–700 soles per transaction
• Fees may apply (local + international)

Always use ATMs located inside banks or shopping centers for security.

Credit and Debit Cards

Visa and Mastercard are widely accepted in hotels, restaurants, and tour agencies. However, smaller shops and rural areas usually require cash.

Money Tips for Travelers

• Carry small bills for daily expenses
• Bring cash when visiting remote areas or trekking routes
• Always check your change
• Be cautious when exchanging money in public areas

Money Exchange in Cusco

US dollars are the most commonly exchanged foreign currency in Cusco. Exchange offices are abundant, especially in the city center.

Avoid exchanging large amounts in informal places, and always verify the condition of the bills you receive.

Best Way to Manage Money While Traveling Peru

The best approach is to combine ATM withdrawals with small amounts of exchanged cash. This allows flexibility while minimizing fees and risks.

You can simplify your experience by booking organized tours that handle logistics and payments in advance. Explore options like the Salkantay Trek or the adventurous Inca Jungle Trek.

Travel with Confidence

Kondor Path Tours is a trusted local operator based in Cusco, offering personalized travel experiences across Peru. Our expert team ensures smooth logistics and authentic adventures.

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