Peru Currency

Travelling to or living in Peru? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the TransferGo card in Peru

The TransferGo card helps you spend smarter in Peru. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.

What is the currency in Peru?

The official currency of Peru is the Peruvian sol

The sol replaced the inti in 1991 following hyperinflation. It is issued by the Central Reserve Bank of Peru.

PEN, S/.

Banknotes

S/.10

S/.20

S/.50

S/.100

S/.200

Coins

5

10

20

50 centimos

S/.1

S/.2

S/.5

How to spend money in Peru

Cash is used in markets, taxis, and rural areas. In Lima, Cusco, and Arequipa, credit and debit cards are accepted in hotels, restaurants, and larger stores. Mobile payments are growing in urban centres. ATMs are common in cities.

  • Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Peru

Exchange at banks or licensed bureaux for fair rates.

Avoid airport kiosks with high fees.

Pay in soles to avoid conversion charges.

Keep small notes for taxis, markets, and rural purchases.

With TransferGo, you can send soles directly to Peruvian accounts or use your TransferGo card for online spending and ATM withdrawals.

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Frequently asked questions

What is the official currency used in Peru?

Peruvian sol (PEN).

What is the official currency used in Peru?

Symbol: S/. | Code: PEN

Can I use my home currency in Peru?

Rarely; use soles.

How can I use the TransferGo card in Peru?

Just activate it in the app and start spending — online, in stores, or at ATMs.

Is it better to use cash or card when spending in Peru?

Cash is essential outside cities; cards work in hotels and larger shops.

Are credit or debit cards widely accepted in Peru?

Yes, in cities and tourist areas.

Are there ATMs available in Peru, and are there withdrawal limits?

Yes, mostly in urban areas; limits vary.

Can I use a TransferGo card in Peru?

Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.