Most touristic areas have ATMs available, including 24 hour ATMs. If you take money out of an ATM in Peru, you will have the option to take out the money in Soles or US Dollars. We recommend withdrawing cash in US dollars and then go to a money-changing house to convert it to Soles...
The currency in Peru is the Sol. It doesn’t take long to get used to it. There are just over three Soles to the US Dollar (USD), around three and a half Soles to a Euro (EUR) and just over four Soles to the Pound (GBP). Rounding up helps you make quick conversions when deli...
I make several transfers of a few thousand dollars per year, and Xoom is now my clear favorite, because one can make dollar denominated transfers to dollar denominated Peruvian bank accounts. I do not think this was the case with Xoom in 2023. It costs about $1.10 per $1000 transferred, ...
In Peru, Ecuador, Chile, and Colombia, we find that full-time female workers devote less time to commuting, compared to their male counterparts, in urban and rural areas, and the gender gaps are present in Ecuador (rural areas) and Colombia (urban areas) when we compare part-time male an...