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Overall best option: WorldRemit
Of the 15 companies that support EUR to PEN, WorldRemit offered the best combination of cost and speed.
Overall, WorldRemit appeared in 85% of Spain to Peru searches, consistently scoring as one of the best ways to send EUR to PEN.
So for a great mix of cost, speed & features, send Euros to Peru using WorldRemit.
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 15 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: Revolut
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Nuevo Sol that is 0.13% different to the mid-market rate.
On average, Revolut is 0.7% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Nuevo Sols to Peru.
*The most common fee applied to EUR-PEN by Revolut, based on data from the past six months.
Fastest money transfers to Peru from Spain: TransferGo.
Through our comparison, we found TransferGo to be the fastest option for sending Euro to Nuevo Sol 46.9% of the time. For fast transfers between EUR and PEN, TransferGo is a great option.
When sending money from Spain to Peru, TransferGo has an average fee of 0 EUR. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 15 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, TransferGo is our recommended choice for Spain to Peru transfers.
Transfer a large amount of money
WorldRemit is the strongest option for large transfers of the 15 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Peru can become expensive through your bank or with the wrong provider.
Our data shows WorldRemit as the best choice for sending large sums of money to Peru from Spain.
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 4.003 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 three months, the EUR-PEN mid-market rate has been 4.1079 PEN per Euro. This hit a high of 4.2167, and a low of 3.981.
From the 15 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. Revolut has had an average fee of 0 EUR per transfer over the last 6 months. 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 six months, the exchange rate from EUR to PEN has seen some fluctuation. On average, it stood at 4.1079.
During this period, the highest value recorded was 4.2167, while the lowest was 3.981.
WorldRemit, which is our recommended service to send money online from Spain to Peru offers an exchange rate that is only 2.67% 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 Revolut 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, Revolut is the cheapest way to send money via a bank transfer. This is of the 15 companies we tested when sending EUR to Peru.
With an average fee of 0 EUR to send money from Spain to Peru, Revolut 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
When it comes to sending money with a credit card from Spain to Peru, Xe is our top choice of the 15 companies offering this service.
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.
Money transfer company reviews
