Peruvian Currency Value: Nuevo Sol (PEN) Exchange Rate Guide

Peruvian Nuevo Sol (PEN) – Current Value Context

As of 2024, the Peruvian currency is the sol (PEN)—the "nuevo" was dropped in 2015. The sol replaced the inti in 1991 (1 sol = 1,000,000 intis).

Recent Exchange Rate Ranges (2023–2024)

What This Means Practically

• 1 USD ≈ S/ 3.75 (so S/ 100 ≈ $26.70)
• 100 PEN ≈ $26.70 USD
• 1,000 PEN ≈ $267 USD

Where to Exchange / Get Cash

• In Peru: Banks (BCP, Interbank, Scotiabank), casas de cambio (exchange houses), ATMs (best rates)
• Abroad: Major airports, Travelex, some banks (worse rates)
• Credit cards: Widely accepted in cities; Visa/Mastercard; notify bank
• Digital: Yape, Plin, Tunki (local apps) require Peruvian bank account

Banknotes & Coins

• Notes: 10, 20, 50, 100, 200 soles
• Coins: 10, 20, 50 céntimos; 1, 2, 5 soles
• Polymer 10, 20, 100; cotton 50, 200

Economic Context

• Peru: Low inflation historically (Central Bank targets 1–3%)
• Sol: Relatively stable vs USD (managed float)
• Dollarization: ~40% of deposits in USD; dual pricing common

For real-time rates: BCRP (Central Bank), XE, OANDA. Rates fluctuate daily.