The Peruvian sol (PEN) is the official currency of Peru, named after the sun, an important symbol in Incan culture. When traveling to Peru, especially to iconic sites like Machu Picchu, understanding the local currency can enhance your experience. The sol is divided into 100 céntimos and comes in various banknotes that feature notable Peruvian figures and landmarks.
As of October 2023, the banknotes include denominations of 10, 20, 50, 100, and 200 soles. The vibrant colors and intricate designs reflect the rich history and cultural heritage of Peru. For tourists, it's essential to have some cash in sol, particularly when visiting remote areas or markets, where credit cards may not be accepted.
ATMs are widely available in major cities like Cusco and in the Sacred Valley, but it’s advisable to withdraw cash in larger cities before heading to Machu Picchu. Be mindful of withdrawal fees and currency conversion rates. Always inform your bank about your travel plans to avoid any issues with your cards.
When shopping at local markets or dining in traditional restaurants, bargaining is a common practice. Having smaller denominations will make transactions smoother. Additionally, many local artisans prefer cash, so carrying some sol will allow you to support these talented craftsmen directly.
Upon arrival in Peru, exchange your foreign currency at authorized exchange offices or banks for the best rates. Avoid exchanging money at airports, as they often have higher fees. To ensure your safety, keep your cash secure and be aware of your surroundings, especially in crowded areas.
In summary, understanding and utilizing the Peruvian sol will greatly enhance your travel experience in Peru. Whether you're exploring the ancient ruins of Machu Picchu or savoring local delicacies in Cusco, being prepared with the right currency is key. Happy travels!
