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Find the best ways to transfer money from Peru to Spain

Compare the best deals on transfers from Peru to Spain. Explore the cheapest, fastest, and most reliable providers with the best PEN to EUR exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Spain from Peru.

Transferring the other way? Send EUR from Spain to Peru instead.
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Global66 was the top rated provider from Peru to Spain

"An exciting, fast-growing global payments company focusing on Latin America. Official fintech partner of FC Bayern Munich and offers a best price guarantee."

Fees
1%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1.1 - 2%
Paysend was the cheapest from Peru to Spain

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%
Paysend was the fastest from Peru to Spain

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

Overall top choice: Global66

Global66 is the best way to transfer Nuevo Sol into Euro.

Of the 8 money transfer providers we tested and reviewed, Global66 was a standout option for its combination of speed and cost.

Over the last six months, Global66 appeared in 84.8% of searches for transfers between Peru and Spain.

When sending money from Peru to Spain, using Global66 in a great option.

How to get the best deal on sending money from Peru to Spain

Summary of recent searches

Top rated for transfers from Peru to Spain
Global66
Total number of PE - ES providers
8
Average cheapest fees & rate
Paysend
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Global66
Best for debit card
Wise
Best for credit card
Wise

Considerations to make sending money from Peru to Spain easy

1
Compare providers

Comparing the different providers offering services between Peru and Spain, is the best way to send money with confidence.

The 8 providers we've compared ensures you will get the best options for your transfer to Spain from Peru. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Global66 as the best overall, comparing gives you a comprehensive view of all the options for transferring Nuevo Sol to Spain.

2
Exchange rates between Nuevo Sol-Euro
3
Choose the right payment method
4
Financial regulation in Peru and Spain
5
Consider transfer limits
6
Receiving money in Spain
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Spain from Peru: Global66

Of the 8 providers compared, Global66 is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* PEN and an exchange rate for converting Nuevo Sol to Euro that is -4.91% different to the mid-market rate.

On average, Global66 is 0.3% cheaper than the second-best option.

We would recommend Global66 for low cost, affordable transfers from Euros to Spain.

*The most common fee applied to PEN-EUR by Global66, based on data from the past six months.

Fastest way to transfer money to Spain from Peru: Paysend.

We tested 8 companies offering transfers from Peru to Spain and Paysend offered the quickest option.

Paysend was the quickest way to send Nuevo Sol to Euro in 59.2% of searches. For fast transfers between PEN and EUR, Paysend comes highly recommended.

When using Paysend to send money from Peru to Spain you can expect an average fee of 0 PEN. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 8 money transfer providers. To test overall speed of sending money from Peru to Spain we included the timeframe for depositing Nuevo Sol to a money transfer account and average transfer times to Spain.

When sending money to Spain from Peru quickly is a priority, Paysend is our recommended choice.

Transfer a large amount of money

To transfer large sums of money from Peru to Spain, opt for a provider with a competitive exchange rate and hands on management.

Global66 is the strongest option for large transfers of the
8 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Peru to Spain can become expensive through your bank or with the wrong provider.

Our data shows Global66 as the best choice for sending large sums of money to Spain from Peru.

Understanding the cost of sending money from Peru to Spain

Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Peru to Spain.

The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Euro for your Nuevo Sol. The current PEN-EUR mid-market rate is 0.2578 EUR per Nuevo Sol.

  • This rate changes regularly so it can pay to track it. For comparison, the PEN-EUR mid-market rate for the past three months has averaged 0.2434 EUR per Nuevo Sol, with a low of 0.237 and a high of 0.2555.

  • Global66 is currently offering the best exchange rate from the 8 companies compared.

  • Often the PEN-EUR exchange rate you pay is the biggest cost factor when transferring Nuevo Sols to Spain.

Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Nuevo Sol you’re sending to Spain. Paysend currently has the lowest fees for transfers into EUR at an average of 0 PEN over the last 6 months. We always recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Euro is the biggest indicator of the total cost of sending money to Spain from Peru. The bigger the amount received in Spain, the lower the overall cost of sending from Peru.

Track the exchange rate for Nuevo Sol to Euro

Sending money at the right time between PEN and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your PEN.

Mid-market Rate
1
= 0.257841 EUR

Over the last six months, the average numbers are:

  • The exchange rate from PEN to EUR averaged 0.2434 EUR.

  • The highest value recorded was 0.2555 EUR, while the lowest was 0.237 EUR.

  • 8 providers currently offer transfers between Peru and Spain close to this rate

Want to secure the best PEN-Euro exchange rates?

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Payment methods for Peru to
Spain transfers

  • Bank transfers

    Bank transfers are often the fastest option, and normally the cheapest, for sending money from Peru to Spain.

    By opting for a money transfer company such as Global66 for transfers from Peru to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Global66 is the cheapest provider for bank transfers from the 8 we tested when sending PEN to Spain.

    With an average fee of PEN133.79 to send money from Peru to Spain, Global66 offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid card payments

    Using a debit card, or prepaid option, for sending money from Peru to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Peru to Spain, this is among a total of 8 money transfer companies compared.

  • Credit card transfers

    When it comes to sending money with a credit card from Peru to Spain, Instarem emerges as our top choice of the 8 companies offering this service.

    Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Peru.


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 Peru to Spain.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PEN to EUR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.