What Money is Used in Peru?
- In the 1860s, the sol was introduced as Peru's basic unit of currency. During the Chilean occupation, beginning in 1881 during the War of the Pacific, it was rescinded. It returned in the 1930s for a 50-year span, until rampant inflation caused it to be replaced by the inti.
- In 1991, as the result of another poor economic climate, the nuevo sol was introduced as the inti's successor, with the value of 1 million intis per 1 nuevo sol.
- Peruvian currency is available in coins valued at 1, 5, 10, 20 and 50 céntimos and 1, 2 and 5 nuevos soles. Peruvian paper currency is in denominations of 10, 20, 50, 100 and 200 nuevos soles.
- Figures portrayed on Peruvian banknotes include diplomat Raúl Porras Barrenechea, writer Abraham Valdelomar Pinto and St. Rose of Lima, the patron saint of Peru, on the 20, 50 and 200 nuevos soles bills, respectively.
- The U.S. dollar is also accepted in many places throughout Peru. However, tourists must be aware of the fluctuating exchange rates they are likely to find as they travel around the country.
Sol and Inti
Nuevo Sol Introduction
Denominations of Currency
People on Peruvian Currency
The Dollar in Peru
Source...