The City of Puno is the most visited place by foreign travelers in the region of the same name. Sorne of the businesses related to the tourism industry accept American dollars even though prices are listed in Peruvian currency (Nuevo Sol). In Puno, it is important to ask if payments can be done with dollars. If a business accepts dollars, the traveler needs to know that the exchange rote will be significantly lower than the one you can expect to get at a well-established money exchange business.

In the City of Puno, the best places to exchange money are located around the main square since in this area it is possible to find well-established money exchange businesses or banks. (Banks are the safest places to exchange money but exchange rotes are lower.) Travelers should never exchange money in the streets even if the exchange rotes are higher. Also, always ask for o receipt when exchanging money. (lf a fake bill is given, there is proof of the transaction.)