Handling money and exchanging

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Exchanging Money: DO NOT CHANGE MONEY ON THE STREET. On block 2 of Prospero, on the corner is an Interbank MONEY EXCHANGE building. That's all they do, exchange money. You'll need your passport to do this. It's quick, safe, airconditioned. They will not accept bills that are worn or torn so make sure you bring fresh, clean and un-used bills with you.

Exchange Rate: As of today, Jan.3rd, 2015 – 3.0 Soles to 1 USD.

Hostal/Hotel Advice: Never hide your money in your belongings that will be left at your hotel. Carry it with you. Iquitos is one of the safest cities in South America. Physical crime is almost non-existent. If you leave valuables hidden away in your hotel, chances are they will be discovered. Best is to carry your money with you, passport as well. Better is not to have lots of cash anyway. There are ATM’s in many locations around Iquitos.

Using ATM’s: It is not necessary to bring large amounts of cash with you. There are many ATMachines in Iquitos. That said, please notify your bank that you will be using your ATM card in Peru. When you withdraw funds, if you don’t know what your bank is giving you on the exchange rate, take out dollars and not Soles. Best is to check with your bank before you leave to see what their exchange rate is. Could be better than what you’d get exchanging funds here in Iquitos.