Where to Exchange Money in Peru: What No One Tells You Before Traveling

Exchanging money is not just a transaction—it’s a key part of your travel experience. Choosing the right place to do it can save you money, reduce stress, and give you greater security.

In this guide, we’ll show you where to exchange money in Peru and which option is best depending on your situation.

1. Exchange houses: the best option in most cases
Exchange houses usually offer the most competitive rates.

Basics:

• Better exchange rates than banks and airports
• Fast and easy to use
• Located in tourist areas and city centers

Tip: Ask for the rate before exchanging and compare between several places.

2. Banks: more security, but lower rates
Banks are a reliable option, though less convenient in terms of price.

What to consider:

• Greater security and reliability
• Slower processes
• Less favorable exchange rates

Tip: Use them if you prioritize security over savings.

3. Airport: the least recommended option
Although convenient, exchanging money at the airport is usually more expensive.

What happens:

• Higher exchange rates
• Hidden fees
• Limited options to compare

Tip: Exchange only a small amount upon arrival.

4. ATMs: a practical alternative
Withdrawing money directly can be convenient.

Advantages:

• Immediate access to cash in soles
• Available in many cities
• Safe if you use official ATMs

Tip: Check your bank’s fees before withdrawing.

5. Exchanging between soles and dollars
The U.S. dollar is common in Peru, but it’s not always the best option.

Important:

• Many places accept dollars
• Exchange rates can vary significantly
• You may receive change in soles

Tip: Always use soles for everyday expenses.

6. Common experiences (and how to handle them)

Many travelers go through this:

• Getting a poor exchange rate
• Not understanding how much they’re actually paying
• Exchanging money in unreliable places

Solution: Compare options and avoid rushed decisions.

Tips for exchanging money without issues

• Don’t exchange all your money in one place
• Avoid street exchangers or informal services
• Count your money before leaving
• Keep your exchange receipts

What’s the best option?

It depends on what you’re looking for:

• Best rates → exchange houses
• More security → banks
• Immediate convenience → ATMs
• Emergency → airport

Choosing wisely can save you time and money.

Travel better with planning

At GT Peru Travel, we help you plan every detail, including how to manage your money from the moment you arrive in the country.

Contact us for personalized assistance.