What is the exchange rate? Where should I change my currency? Can I use debit card or credit card? Should I bring travelers checks?
Peru’s currency is the Nuevo Sol. Currency can be changed at the exchange houses in the airport. Many businesses accept dollars at the current exchange rate. ATM machines are available in many cities and the airport.
Do not come without any cash as ATM machines can be out of service or not accept your card. It is wise to check with your bank ahead of time to confirm that your card will work overseas. Debit cards and credit cards are becoming more widely accepted at major stores; however, they are still not accepted as widely as in the States. Credit card fraud is a big issue in Peru. Do not use your cards at any smaller or non-reputable locations. Traveler’s checks need to be exchanged in the banks, as most locations will not accept them directly. Visa, MasterCard and American Express are accepted in some of the large stores and hotels in larger cities but may not be widely accepted in smaller cities and not at all in the villages.
How much money you bring depends on your personal spending habits. Thrifty people can get by on less than $10/day. Your budget should also include money to explore Peru in free time as well as for your personal use.
The mission of IFRE Volunteers is to offer the most affordable as well as the highest quality volunteer and humanitarian abroad experiences - enabling us to make a contribution for all of humanity in its quest to make the world a better place. Through our volunteer and humanitarian trips abroad, we aim to spread love and compassion worldwide while improving the lives of destitute children and less-fortunate communities. We at IFRE also seek sustainable solutions in the fields of education, healthcare, conservation efforts and development issues through international volunteering.
