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Send money from Spain to Peru
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
PayPalRecipient gets (PEN)PEN 26,938.64Not recommended
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
Overall best option: Revolut
Of the 8 companies that support EUR to PEN, Revolut offered the best combination of cost and speed.
Sending 7,000 EUR to PEN will cost you €21 in fees, and you will receive 29,114.64 PEN.
So for a great mix of cost, speed & features, send Euros to Peru using Revolut.
How to send money from Spain to Peru
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Nuevo Sol from Spain.
- Choose a provider
Select the provider offering the best way to send to Peru based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Nuevo Sol will soon be on their way to Peru.
Summary of recent searches
Considerations for money transfers from Spain to Peru
Comparing providers offering services between Spain and Peru, based on your specific needs is the best way to send money with confidence.
Our comparison includes 8 companies that provide the ability to send Euro to Peru.
This ensures you get the best options for transfers to Peru from Spain, based on the amount you want to send.
Cheapest way to send money to Peru from Spain: Panda Remit
The cost is a combination of a fee of 4 EUR and an exchange rate for converting Euro to Nuevo Sol that is 0.3% different to the mid-market rate.
We found that Panda Remit is 0.14% cheaper than the second-best option.
We would recommend Panda Remit for low cost, affordable transfers from Nuevo Sols to Peru.
Fastest money transfers to Peru from Spain: Panda Remit.
With Panda Remit , the transfer time to Peru is minutes - 24 hours, with a 4 EUR transfer fee (based on €7,000 transfer)
When testing the fastest options, we compared the 8 money transfer providers offering Spain to Peru transfers for overall speed. This included transfer times to after depositing Euro to a money transfer account.
When you want the fastest way to send, Panda Remit is our recommended choice for Spain to Peru transfers.
Send large sums of money abroad with Currencies Direct
From the 8 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Peru from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Nuevo Sols to Nuevo Sol.
As such, we recommend Currencies Direct for large Peru transfers.
Understanding the cost of moving money to Peru from Spain
The total cost of money transfers to Peru from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-PEN is 4.1819 PEN per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Nuevo Sol for your Euros.
On average for the last week, the EUR-PEN mid-market rate has been 4.1473 PEN per Euro. This hit a high of 4.1801, and a low of 4.1065.
From the 8 companies compared, Revolut offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to PEN.
Fees: Some money transfers between Spain and Peru will be subject to fees.
Panda Remit is the cheapest option overall, charging 4 EUR.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Nuevo Sol eventually received in Peru.
This number should guide you, as a higher amount of money received in Peru means a better overall cost of sending money from Spain.
How to find the best exchange rate for Euro to Nuevo Sol
Timing is essential for sending money between EUR and PEN. The exchange rate you secure impacts how much PEN you get for your EUR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from EUR to PEN has seen some fluctuation. On average, it stood at 4.1473.
During this period, the highest value recorded was 4.1801, while the lowest was 4.1065.
Revolut, which is our recommended service to send money online from Spain to Peru offers an exchange rate that is only 0.2% above the mid-market rate.
Want to secure the best EUR-Nuevo Sol exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to Peru!
Funding your Spain to Peru money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Spain to Peru.
By using a money transfer company such as Panda Remit for transfers from Spain to Peru, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Panda Remit is the cheapest way to send money via a bank transfer. This is of the 8 companies we tested when sending EUR to Peru.
With a fee of 4 EUR to send money from Spain to Peru, Panda Remit offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Peru with a debit or a prepaid card is easy with Xe.
Xe is a leading money transfer company for debit card payments, and offers transfers from Spain to Peru.
Credit cards
We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.
However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Peru and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Peru.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to PEN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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