Where to exchange money in Arequipa

Before you set out exploring in Arequipa, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.

In this article you will discover some of the best currency exchanges in Arequipa that you can visit.

We will also introduce Wise - A digital alternative which could save you time and money.

Wise

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Currency exchanges in Arequipa

We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Arequipa below.

Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.

Money ChangerAddressContact Information
Precio del Dólar PerúC. San Juan de Dios 120, Arequipa 04001, Peru+51 959 640 191
INTERCAMBIO AREQUIPAC. San Juan de Dios 108-B, Arequipa 04001, Peru+51 54 206404
PERU LIDER AREQUIPAAv. Daniel Alcides Carrión, José Luis Bustamante y Rivero 04016, Peru+51 997 375 765
X-CAMBIOAv El Ejercito Esquina con Calle, Dentro de Multibanco, Los Arces, Cayma 04017, Peru+51 990 675 940
Cambio Mega DólarAv. Ejército 803, Cayma 04013, Peru
Willy CambiosC. Jerusalén 109-C, Cercado De Arequipa 04001, Peru+51 54 282694
JET PERU SAAv. Aviación 602, Cerro Colorado 04017, Peru
Western UnionAv. Porongoche 500, Arequipa 04002, Peru+51 54 608922
American MoneyC. Jerusalén 126, Cercado De Arequipa 04001, Peru+51 54 231014
The DollarC. San José 106-A, Arequipa 04001, Peru+51 54 247656
Electricidad y QuímicaCl. San Francisco 119, Cercado De Arequipa 04001, Peru+51 54 283525
Western UnionCl. San Francisco 141 Cercado, Arequipa 04001, Peru+51 1 4220014
AquilinoEdificio Sardón, C. Jerusalén 124, Cercado De Arequipa 04001, Peru+51 54 785255

Peruvian nuevo sol rate today

The accepted currency in Arequipa and across Peru is the Peruvian nuevo sol.

However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Peruvian nuevo sol is PEN. Keep an eye out for this code if you're comparing exchange rates.


What you should know about exchanging money in Arequipa

You can follow a few simple tips which could help save money when exchanging currency in Arequipa. By increasing your awareness you can be better prepared for currency exchanges wherever you are.

1. Beware of 'zero fee' services
Some services will claim 'no commission'. This can be misleading as they will often have hidden a markup by offering you a worse exchange rate.

2. Know the current exchange rate
Be familiar with the current exchange rate to help identify a bad deal from exchange services.

3. Avoid exchanging money at airports or hotels
The convenience of exchanging currency at airports and hotels often comes at a price. That price will come as poor exchange rates and high transaction fees. Try to use this as a last resort.

4. Avoid scams
Be cautious of street vendors or unofficial exchange services that may offer seemingly attractive rates. Stick to recognised establishments to avoid falling victim to scams or fraudulent practices. Your financial security should always be a top priority.

5. Opt for local currency
When using an ATM abroad, pick the option to be charged in Peruvian nuevo sol for a fairer rate to avoid undisclosed exchange rates. Picking the local currency will almost always be cheaper.

Consider an alternative to physical currency exchanges

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Bottom line

As you can see, there’s no shortage of options when it comes to exchanging money in Arequipa. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.

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