Cusco Money and Currency
Conversion rate
Although obviously subjected to fluctuation, the conversion rate as of January 2020:
1sol = 0.30 USD
0.23 GBP
0.27 EUR
Average Prices
The average amount for tourists pay day is approx S/.140
Approx amounts for daily purchases:
Bottle of Beer – S/8 – S12
Glass of Wine – S/15 – S/20
Large bottle of water – S/5
Cup of coffee – S/8 – S/10
Set meal (usually 3 courses from local small places) – S/8
Meal in a restaurant (main course) – S/30
Where to draw money out
There are multiple places to withdraw money within the city. A lot of shops and malls have ATM’s, however these places usually charge you. The main place a short walk from the plaza along av. Del Sol which you can set to different languages, it is inside which is private and safe, you don’t get charged for withdrawal, and you can guarantee it is genuine notes is Bank de la nacion.
Excepted cards /currencies
Most cards are accepted within places within the city. (VISA, Master card, American Express) However Pay Wave is nearly non existent here. Although, when paying for things online through Peurivan companies, some cards seem to be more acceptable than others. Look for options of paying things in cash if you can. American Dollars and Sols are accepted in cash in most places also.