Currency in Peru

The official currency in Cusco, Peru, is the nuevo sol (PEN), sometimes abbreviated as S/.

- Symbol: S/ or PEN

- Banknotes and coins:
Banknotes come in denominations of S/10, S/20, S/50, S/100 and S/200.
Coins come in denominations of S/1, S/2 and S/5 as well as 10, 20, 50 cents.

Practical aspects of handling money in Cusco

1. Money exchange: It is easy to change money in Cusco. You can do it in exchange houses, banks, and in some hotels. There are also automatic teller machines (ATMs) in the city that allow you to withdraw cash in soles. However, it is advisable to use ATMs in safe and reliable places.

2. Credit/debit cards: Credit and debit cards are widely accepted in hotels, restaurants and shops in Cusco, although it is a good idea to carry some cash, especially if you plan to visit local markets or smaller establishments.

3. Use of US dollars: In some tourist areas of Cusco, especially in tourist-oriented shops and restaurants, US dollars may also be accepted, but it is recommended to use the local currency to avoid unfavourable exchange rates.

4. Precautions: Keep your money and valuables in a safe place and be careful with your belongings, especially in crowded places.

In general, carrying a combination of cash in nuevos soles and credit/debit cards will allow you to handle most financial situations you encounter in Cusco.