Peru Currency Guide
Peruvian Nuevo Sol is the official currency of Peru and is most commonly referred to just as Sol.
Modern 24-hour ATMs are found in most large towns and cities in Peru. If you’re heading to Aguas Calientes (the town closest to Machu Picchu) however, be sure to take cash as there aren’t many ATMs in this area. Be sure to always carry cash as backup in case the power goes down, the ATM is out of order, or you lose or break your plastic. If you plan on withdrawing money or using your credit card while travelling, don’t forget to notify your bank before you go for security purposes and check what international withdrawal fees may apply to your card.
Before you travel it is important to convert some of your Australian Dollars into Peruvian Nuevo Sol to have with you when you arrive. This currency is not readily available from all money exchange vendors so check with your local agent and order ahead. An idea might be to get some US currency as backup as the US Dollar is also a legally accepted currency and can be used in most major cities in Peru for more expensive purchases.
Credit cards are accepted at growing numbers of shops, restaurants and hotels in Peru. You can usually use plastic to pay for flights and train tickets too. However, be wary of scams. Visa and MasterCard are the most widely accepted cards; double check with your bank before you travel about accessing your various accounts while in Peru or speak to your tarvel agent about a travel money card with US Dollars such as a Cash Passport.