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Nuevo Sol is the Peru currency. Peru currency is the medium of monetary transaction in Peru.
Banco central de Reserva del Peru is the issuing authority of Peru currency. One Nuevo Sol, the currency of Peru, equals to 100 centimos.
In your travel to Peru you should always have cash in hand. US Dollars are very easy to exchange in Peru. Peru shops and restaurants accept dollars. You can find ATMs in the main cities of Peru. Casas de cambio which is an exchange bureau offers better exchange rates than Peruvian banks and hotels. You should always avoid street moneychangers in Peru. You should always exchange money in Peruvian banks for getting more security and guarantee.
Except US Dollars it is much difficult to change other currencies in Peru. The credit cards which are accepted in Peru are Visa, Diners Club, Master Card, etc.
The exchange rate of Peru Currency 1 PEN (Nuevo Sol) equals to US$ 0.31, £ 0.16, C$ 0.33, A$ 0.37, R 2.18, € 0.23, NZ$ 0.40.
Nuevo Sol banknotes are issued in the denominations of 10, 20, 50, 100 and 200.
The local Peruvian currency is imported free of cost. For exporting local Peru currency permission is required.
Peru Currency also includes coins like 1, 2 and 5 Nuevos Soles and 5, 10, 20 and 50 cents.
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