Change Money in Lima

Change Money in Lima Change Money in Lima
US Dollars and Euros in Lima

US Dollars and Euros can be changed in Lima without restrictions in hotels, banks, exchange offices or on the street. Some places don't accept US$ 100 bills. The safest way to change money is in banks and your hotel, but this will result in much lower rates compared to exchange offices and the money-changers on the street. If possible try to avoid changing money at the airport exchange office. The rate is one of the lowest we have discovered in Lima and we think that you shouldn't support this rip-off. When there is absolutely no other chance, just swap the absolute minimum. Taxis from the airport can be paid in US Dollars (again make sure to have enough small change for this purpose).

Exchange rates can be slightly lower on the weekends!

Good exchange rates can be achieved with money-changers on the street. But as with all "street deals" in Peru don't forget to bargain. Inform yourself about the current rate, otherwise you might be ripped-off. The exchange rates will not only vary depending on the amount you are willing to change, but as well on your appearance. If the money-changer thinks you haven´t got a clue, he will of course try to give you a much lower rate and make a good deal for himself. When changing money on the street, remember to keep a watchful eye on your surroundings.

Money Changers or Exchange Offices?

The money-changers (called Cambistas) can be found literally everywhere (where tourists are). Those ones officially registered with the municipality wear color coded vests (each district has a different color) with a "$" sign / EURO written on the back and have proper identification documents. Don't let anybody disturb your transaction. Don't get distracted by a little chat with the Cambistas. Always check for counterfeit money. Tourists are popular victims to circulate phony notes. Have a good look at the notes you receive, but check the coins as well. Count the money carefully. Some Cambistas might accidentally (?) give you a S/. 2 instead of a S/. 5 coin. Quickly the good exchange rate can turn to the opposite.

We recommend the exchange of currency in one of the many exchange offices (called Casa de Cambio). You'll get a fair rate, but again compare to find the best deal. Some places give better rates for Dollars than Euros and vice versa. In every good exchange office you can make the transaction at ease and comfort. You have the time and a place to carefully count and examine the money without anybody looking over your shoulder. We think this is worth more than gaining a few centimos more.

  • Guest (John)

    can I change UK pounds

  • Yes, exchange offices in Lima and other big cities in Peru surely exchange UK Pounds.

  • Guest (Eliana)

    Hey, do you have any idea about where to exchange Canadian dollars in Lima?

  • You should be able to exchange Canadian Dollars at bigger exchange offices, Casa de Cambios, in Lima. Avoid the airport exchange offices, their rates are extremely low.

  • Guest (Mark)

    What is the best currency for me to use in Peru? Dollar or Local (Sol)

    Thanks!

  • We are in Peru and the official currency is Soles. So for the normal stuff like taxis, restaurants, shopping, entrance fees, etc. surely the Sol is the currency to use, even though at least in Lima you can pay a few things as well in US$. But some tour operators and hotels still quote in US$ and either prefer payment in Dollar or convert into Soles using a very bad exchange rate.

  • Guest (Lee)

    Can I exchange Brazilian Reais for Soles?

  • You can change Brazilian Reais in Lima, but mostly only in the exchange offices (Casas de Cambio). If you change bigger amounts you should check a couple of them as the rate might vary noticeable...

    Some of the money-changes on the street (Cambistas) that are working directly for one of the exchange offices might also change this currency – Again check some of them to get an idea of the exchange rate.

    You can also change at the Lima Airport, but there you’ll get the worst rate...

  • Guest (Lee)

    In reply to: Tim - Editor

    Thanks Tim!

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