Peru Currency | Peruvian Sol (PEN) Guide

💰 Official Currency of Peru

The official currency of Peru is the Peruvian Sol (PEN).
Its international currency code is PEN, and the symbol commonly used is S/.

The Peruvian Sol is the only legal tender in the country. Everyday purchases, tourism payments, and official transactions are conducted in PEN.

🏛️ Brief History of the Peruvian Sol

The Peruvian Sol was introduced in 1991, replacing the inti as part of economic reforms to stabilize inflation.

Monetary policy is managed by the Central Reserve Bank of Peru. The Sol operates under a floating exchange rate system, and Peru’s economy is largely supported by mining, agriculture, and services.

💹 Currency Code and Subunits

• Currency Code: PEN

• Symbol: S/

• Subunit: 1 Peruvian Sol = 100 céntimos

Prices are typically displayed in decimal format (for example, S/ 15.50).

💱 Banknotes and Coins in Peru

📌 Banknotes in Circulation

Commonly used banknotes include:

• 10 PEN

• 20 PEN

• 50 PEN

• 100 PEN

• 200 PEN

📌 Coins in Circulation

Coins used in everyday transactions include:

• 10 céntimos

• 20 céntimos

• 50 céntimos

• 1 PEN

• 2 PEN

• 5 PEN

Banknotes often feature historical figures, cultural heritage, and important national symbols.

💸 Can You Send Money from Turkey to Peru?

Yes.

You can send money internationally from Türkiye to Peru quickly and securely using PayPorter. International money transfers typically reach the recipient in a short time depending on the service and transfer method.

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• Transfers to 185+ countries

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🌍 Can the Peruvian Sol Be Used in Turkey?

No.
The Peruvian Sol is not an official payment currency in Turkey and is only rarely exchanged at currency offices.

For personal or commercial transactions between Turkey and Peru, currency conversion is usually required.

💡 Interesting Facts About the Peruvian Currency

• Mining — especially copper and gold — plays a major role in Peru’s economy.

• Banknote designs prominently feature national historical figures.

• Credit card use is common in major cities, while cash is preferred in rural areas.

• U.S. dollars may be accepted in some tourist areas, but the official currency is the Peruvian Sol.

❓ Frequently Asked Questions About Peru’s Currency

What is the official currency of Peru?

The official currency of Peru is the Peruvian Sol (PEN).

Is any other currency accepted in Peru?

No. The Peruvian Sol is the only legal tender, although U.S. dollars may be accepted in some tourist areas.

Can I send money from Turkey to Peru?

Yes. You can send money quickly and securely using international transfer services such as PayPorter.

Is credit card usage common in Peru?

Yes. Credit cards are widely accepted in large cities and tourist destinations, but cash is often preferred in smaller towns.

Are ATMs available in Peru?

Yes. ATMs are widely available in major cities and tourist areas. Fees may vary depending on the bank.

Last Uptade: February 2026

This content is provided for general informational purposes only and does not aim to cover all aspects of the topics discussed. The information herein should not be considered a substitute for advice from a qualified professional. Nothing in this publication should be interpreted as legal, tax, or professional advice provided by PayPorter or its affiliates. While we strive to keep our content accurate and up to date, we make no representations or warranties regarding the completeness, accuracy, or timeliness of the information provided.