The official currency is the Nuevo Sol (PEN) and the exchange rate is determined by exchange market fluctuations.
The official currency of Peru is the Sol (S/.) divided into 100 cents. It circulates in coins of 10, 20 and 50 cents, 1, 2 and 5 Soles and in bills of 10, 20, 50, 100 and 200 Soles (Beware of counterfeit coins and bills).
The dollar is accepted by most people and commercial establishments in Peru. There are 4 ways to exchange dollars: In hotels, in banks, in exchange houses and with independent money changers on the street.
It is advisable to change in legal exchange houses, as they are safer than the independent money changers in the streets and pay more than hotels and banks. The exchange houses work basically with US dollars and Euros, if you wish to change another type of currency, please consult with your travel agency.
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