🇵🇪 What currency does Peru use?

Peru uses the Peruvian sol (PEN) as its currency.3 It is important to know about cash, cards, and ATM fees when you travel. ATMs in Peru have a withdrawal limit of about 700 PEN.1

Updated 2026-10-29. Numbers carry a small link to their source. Fees and rules change, check the screen or the form before you pay.

CURRENCY NAME
Peruvian sol
PEN
1 USD EQUALS
3.4486 PEN
as of 2026-10-292
ATM LIMIT
700 PEN
per withdrawal1
USD PER SOL
0.289975 USD
as of 2026-10-292
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...
1 USD =
3.4486 PEN

Updated 2026-10-29

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The Peruvian Sol (PEN)

The currency of Peru is the Peruvian sol, with the code PEN.3 The symbol for the sol is S/. The notes and coins have different designs and values. You will use these for purchases.

Cash or card in Peru?

Many places in Peru accept cards, especially in cities. However, some smaller shops, markets, and rural areas may only take cash. It is good to carry some cash for these situations. You might need cash for small purchases or tips.

Are US dollars or euros accepted?

US dollars are sometimes accepted in Peru, especially in tourist areas. However, the exchange rate might not be good. Euros are generally not accepted. It is usually better to pay in Peruvian soles to avoid extra costs. You can exchange USD to PEN at exchange offices.

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Where to get local money and what it costs

You can get Peruvian soles from ATMs, banks, and exchange offices. ATMs are widely available. Many ATMs have a withdrawal limit of about 700 PEN per transaction as of 2023.1 Some ATMs may charge a fee for withdrawals. Banks can also exchange foreign currency. Exchange offices often offer competitive rates for US dollars. Airport exchange rates are usually less favorable than in the city.

What to do before you leave

Before you travel, tell your bank about your trip. This helps prevent your card from being blocked for unusual activity. Check if your bank charges foreign transaction fees. Consider carrying a mix of cash and cards. Have some US dollars for emergencies, but plan to use Peruvian soles for most spending.

Short answers

What is the currency code for Peru?

The currency code for Peru is PEN.3

What is the ATM withdrawal limit in Peru?

ATMs in Peru typically have a withdrawal limit of about 700 PEN per transaction as of 2023.1

Is it better to use cash or card in Peru?

It is best to use a mix of cash and cards. Cards are accepted in many places, but cash is needed for smaller vendors and rural areas.

The short version

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Related

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Sources

  1. ATM fee survey, 2023
  2. Exchange rates, mid-market, 2026-10-29, 2026
  3. ISO 4217 currency of the country, 2026

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