Peru Currency Converter
Note: Check current market rates for accuracy (e.g., SBS or SUNAT).
Converted Amount:
How to Use the Peru Exchange Rate Calculator
Navigating currency in Peru requires understanding the relationship between the Peruvian Sol (PEN) and the US Dollar (USD). Our calculator helps you instantly determine how much your money is worth when traveling to Lima, Cusco, or any other region in Peru. Since the exchange rate fluctuates daily based on market conditions, having a tool that allows for manual rate input ensures you get the most accurate calculation based on the "buy" or "sell" rate offered by local exchange houses.
Understanding the Peruvian Sol (PEN)
The official currency of Peru is the Sol (plural: Soles). Its ISO code is PEN, and its symbol is S/. While many tourist-facing businesses, high-end hotels, and luxury restaurants in Peru accept US Dollars, the vast majority of local transactions—including taxis, local markets, and smaller cafes—require Soles.
Factors Affecting the PEN/USD Exchange Rate
- Commodity Prices: As a major exporter of copper and gold, Peru's currency value often correlates with global metal prices.
- Political Stability: Local political shifts can lead to volatility in the Sol's value against the greenback.
- Central Bank Interventions: The BCRP (Central Reserve Bank of Peru) frequently intervenes in the market to prevent sharp spikes or drops in the exchange rate.
Practical Examples of Conversion
To help you budget for your trip, here are some common scenarios using a hypothetical exchange rate of 3.75 PEN per 1 USD:
- Affordable Lunch (Menú): A local lunch usually costs around S/ 15.00. Using our calculator (15 / 3.75), this equals approximately $4.00 USD.
- Taxi across Lima: A typical ride might cost S/ 25.00. This converts to roughly $6.67 USD.
- Machu Picchu Entry: If the ticket price is roughly S/ 152.00, your cost in dollars would be approximately $40.53 USD.
Tips for Exchanging Money in Peru
When you arrive in Peru, you will find several ways to exchange your money. Here is a breakdown of the best practices:
1. Street "Cambistas"
In districts like Miraflores or San Isidro, you will see people wearing bright vests (often green or blue) with "$" and "S/" symbols. These are authorized street money changers. They often offer better rates than banks, but always ensure you count your money carefully and check for counterfeit bills.
2. "Casas de Cambio" (Exchange Houses)
These are small shops specifically for currency exchange. They are generally considered the safest and most efficient way to get a fair rate. Always compare the "Compra" (Buy) and "Venta" (Sell) prices before committing.
3. ATMs and Banks
Banks usually offer the worst exchange rates for cash. However, withdrawing Soles directly from a Peruvian ATM (like GlobalNet or BCP) can be convenient, though you should be aware of transaction fees from both the local bank and your home bank.
4. Digital Exchange Apps
For those with a Peruvian bank account, apps like Rextie or Tkambio offer highly competitive digital exchange rates that are often superior to physical exchange houses.
Frequently Asked Questions
Should I carry Dollars or Soles?
It is best to carry both. Use Soles for everyday expenses and keep a small reserve of US Dollars (in pristine condition, as torn bills are often rejected) for larger purchases or emergencies.
What is the "SUNAT" rate?
The SUNAT rate is the official exchange rate used for tax purposes in Peru. It is often slightly different from the "Interbank" rate you see on Google. Our calculator allows you to input whichever rate you are currently being offered for maximum precision.