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Money
Currency: New Sol (S/.) = 100 céntimos. New Sol notes are in denominations of S/.200, 100, 50, 20 and 10. Coins are in denominations of S/.5, 2 and 1, and 50, 20, 10 and 5 céntimos.
Currency exchange: Only a few bureaux de change in Lima will exchange currencies other than US Dollars. Outside Lima, it is virtually impossible. US Dollars can be exchanged everywhere and banks, hotels and shops also readily accept US Dollars (although torn or damaged notes are usually rejected). It is not recommended to exchange money from street vendors. ATMs are now generally regarded as one of the best ways to obtain money in Peru.
Credit & debit cards: American Express, MasterCard, Diners Club and Visa are all accepted, but usage facilities may be limited outside of Lima. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Banks will exchange travellers cheques although it can be a slow process outside Lima. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars.
Currency restrictions: There are no restrictions on the import and export of local currency. The import of foreign currency is unrestricted. The export of foreign currency is limited to the amount imported. Receipts of exchange of foreign currencies into S/. must be presented when exchanging back from S/. into foreign currency.
Exchange rate indicators
The following figures are included as a guide to the movements of the New Sol against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 5.04 | 5.46 | 5.65 | 5.54 | | $1.00= | 3.46 | 3.59 | 3.58 | 3.48 |
Banking hours: Mon-Fri 0900-1700, Sat 0900-1300 (may vary during the summer).
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
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