Money

Timeless Travels Magazine - - PERU -

Cur­rency: The cur­rency in Peru is the Nuevo sol (‘new sun’) and comes in bills of S10, S20, S50, S100 and (rarely) S200 and is di­vided into 100 cén­ti­mos, with cop­per-coloured coins of S0.05, S0.10 and S0.20, and sil­ver-coloured S0.50 and S1 coins. There are also bimetal­lic S2 and S5 coins with a cop­per-coloured cen­tre in­side a sil­ver-coloured ring.

When re­ceiv­ing lo­cal cur­rency, al­ways ask for small bills (bil­letes pe­queñas), as larger bills are hard to change in small towns or for small pur­chases. The best places to ex­change money are casas de cam­bio (for­eign-ex­change bu­reaux). Most tourist ori­en­tated busi­nesses ac­cept US dol­lars, al­though the Euro is be­ing in­creas­ingly ac­cepted. Other hard cur­ren­cies can be ex­changed, but usu­ally with dif­fi­culty and only in ma­jor cities and tourist cen­tres.

All for­eign cur­ren­cies must be in flaw­less con­di­tion and do not ac­cept torn money, as it will likely not be ac­cepted by Peru­vians. It is best not to change money on the street as coun­ter­feits are a prob­lem.

Credit cards: The most widely ac­cepted cards are Visa and MasterCard. ATMs are avail­able in big cities, up­mar­ket ho­tels, and tourist ar­eas.

Tip­ping: In restau­rants, an 18% ser­vice charge is in­cluded in the bill if you are pay­ing by credit card. If you are pay­ing in cash, there is no fee; tip 5%- 10%.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.