Navigating a new country is much easier when you have the right currency in your pocket. For a smooth expedition with Maniti Expeditions, understanding the local currency—the Peruvian Sol (PEN)—is essential. While US Dollars are accepted in some tourist-centric hotels and shops, having Soles is mandatory for authentic local experiences, especially in the Amazon.
Where to Find the Best Exchange Rates
Finding the right place for money exchange in Peru can save you a significant amount in fees over the course of your journey.
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Casas de Cambio (Exchange Houses): These are usually your best bet for competitive rates. They are plentiful in major cities like Lima and Iquitos. Look for official establishments with security guards for the safest experience.
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Banks: While safe and reliable, banks often have longer wait times and slightly less favorable rates than dedicated exchange houses.
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ATMs: Highly convenient for withdrawing Soles directly. However, be aware of both your home bank’s international fees and the local Peruvian bank’s service charges.
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Avoid Airport Kiosks: While tempting upon arrival, airport exchange rates are notoriously poor. Exchange only a very small amount if necessary and wait until you reach the city center for the rest.
Practical Tips for Using Peruvian Soles
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The Power of Small Change: In Iquitos and rural Amazonian villages, many vendors cannot provide change for a 100-sol note. Always try to carry 10 and 20-sol bills, along with 1, 2, and 5-sol coins.
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Check Your Bills: Peruvians are very strict about the physical condition of currency. If a bill has a significant tear or is heavily taped, it may be rejected by shops and restaurants. Always inspect the change you receive.
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Keep an Eye on the Rate: Exchange rates fluctuate daily. Check a live converter before you head out to exchange money to ensure you are receiving a fair deal.
Travel Confidently in the Amazon
Having a mix of payment methods—a travel-friendly credit card for major bookings and plenty of local Soles for markets, taxis, and small shops—ensures a hassle-free experience. This allows you to focus entirely on the wonders of the rainforest without worrying about payment issues.
