What a visitor's money does in Peru: every guide rated from very cheap to very expensive, cheapest first, then the things that cost travellers money without buying anything — the ATM, the taxi, the SIM.
Good valueaverage across 4 guides · 5 is very cheap
Cambistas on Avenida El Sol give better rates than the banks and are licensed — look for the vest and the ID. Dollars are widely accepted but at a poor built-in rate. Break large notes early; nobody in Aguas Calientes has change for a 200.
ATMs
Avoid: Globalnet machines in shops and hostels, anything in Aguas Calientes
Use: BCP, Interbank, BBVA, Scotiabank
Withdraw in Cusco before the train. Aguas Calientes has almost no card acceptance and the machines there charge the most in Peru.
Getting around
A short ride in Cusco & Machu Picchu: S/ 8–20 across town — cheap
Much cheaper than a street taxi, and much safer than one hailed outside an airport — which is the standing advice countrywide.
Arequipa claims the best food in Peru and will argue about it. Rocoto relleno is a stuffed pepper hot enough to matter, adobo is a Sunday pork stew, and chupe de camarones is a river-prawn chowder. Eat in a picantería — the old ones have been there a century.
Trucha — lake trout, farmed and grilled — is on every menu and is the thing. Quinoa soup before it, and if you are offered chuño, freeze-dried potato made by leaving them out on Andean nights, it is older than the Inca and an acquired texture.
Eat the menú del día at lunch — soup, main and drink for 15-25 soles. Try cuy if you are curious, alpaca if you are hungry, and chicha morada with everything.
Lima is a genuine global food capital. Ceviche is eaten at lunch, never dinner — the fish is that morning’s catch. Try it at a cevichería, then work through lomo saltado, causa and anticuchos.
The cost rating is this site's own, for a visitor, from the guides' authors and the corrections readers send in. The general rules — the conversion prompt, shoulder season, the airport taxi — are in budget travel tips.