Currency

Nuevo sol (S)

Daily Costs

Budget: Less than S195

  • Inexpensive hotel room or dorm bed: S40–165
  • Set lunches or self-catering: under S15
  • Entry fee to museums and sights: free–S15

Midrange: S195–760

  • Double room in midrange hotel: S165–435
  • Main dish at a midrange restaurant: S40
  • City tour: S116

Top end: More than S760

  • Double room in top-end hotel: from S435
  • Fine restaurant dinner: from S65
  • Paragliding with guide: S260

Bargaining

Bargaining is the norm at street stalls and markets, where it’s cash only.

Money

Banks are plentiful and most have 24-hour ATMs, which tend to offer the best exchange rates.

ATMs

For extra security use ATMs inside banks (as opposed to on the street or in supermarkets); cover the key pad as you enter your password; and graze the whole keypad to prevent infrared tracing of passwords. Avoid making withdrawals late at night.

Banco de Crédito del Perú Has 24-hour Visa and Plus ATMs; also gives cash advances on Visa, and changes Amex, Citicorp and Visa traveler’s checks. The Central Lima branch has incredible stained-glass ceilings. There's another branch at José Pardo.

BBVA Continental A representative of Visa; its ATMs also take Cirrus, Plus and MasterCard.

Citibank Has 24-hour ATMs in Miraflores operating on the Cirrus, Maestro, MasterCard and Visa systems; it cashes Citicorp traveler’s checks.

Scotiabank ATMs (24-hour) operate on the MasterCard, Maestro, Cirrus, Visa and Plus networks and dispense soles and US dollars. There are also branches at Miraflores Larco and Miraflores Pardo.

Changing Money

Lima’s casas de cambio (foreign-exchange bureaus) give similar or slightly better rates than banks for cash, although not for traveler’s checks. They’re found downtown on Ocoña and Camaná, as well as along Av José Larco in Miraflores. Consider using street moneychangers carefully, as counterfeit cash is a problem.

LAC Dólar A reliable exchange house; can deliver cash to your hotel in exchange for traveler’s checks.

Moneygram Money transfers.

Travellers Cheques

Travex Buy traveler’s checks or replace lost ones.