Puerto Rico Use of U.S. Currency

Puerto Rico's monetary unit is the United States Dollar (USD) as it is a commonwealth country of the United States of America. Puerto Ricans refer to the US Dollar as the 'peso' or 'dolar'. The dollar is made up of 100 cents, called 'centavos' or 'chavitos' by locals. Nickels or 5c pieces are known as 'ficha' or 'vellons' by Puerto Ricans and they refer to quarters or 25c pieces as 'pesetas'. US dollar bills come in the following denominations: $1, $5, $10, $20, $50 and $100. Coins come in the following denominations: 1c, 5c, 10c, 25c and 50c.

There are several institutions in Puerto Rico offering currency exchange services as well as branches of major banks from the USA, Canada and Europe. ATMs located around Puerto Rico are linked to banking networks throughout the world. Banking hours are from 9 am to 3:30 pm. Credit cards are accepted at most places while some places even accept travelers’ checks. Travelers’ checks come in the following denominations: $20, $50, $100, $500 and $ 1 000. If you need money wired to you quickly, it is advisable to use Moneygrams. With this service money can be transferred to you from anywhere in the world in just 10 minutes.

When visiting Puerto Rico you will find that casino hotels charge an 11% tax on rooms, normal hotels charge 9% tax on rooms and inns charge 7% tax on rooms. Tips are generally 15% of the bill. The fact that the US Dollar is used as currency in Puerto Rico it makes visiting the country that much simpler - especially for visitors from the United States.

 





Combine Flights?












Password Reminder

Or sign in using one of the following providers:

Latest Travel Articles

Flora of Puerto Rico's Northeast Ecological Corridor

Designated as a protected Nature Reserve of Puerto Rico, the Northeast Ecological Corridor (NEC).... read more

Visit the Puerto Rican Town of Toa Alta

Founded in 1751, Toa Alta is one of Puerto Rico's oldest towns and has many fine examples of arc.... read more

Birds of Puerto Rico: Puerto Rican Woodpecker

With its pitch-black body and bright orange-red throat and breast, the Puerto Rican woodpecker (.... read more

Fun and Adventure at Carabalí Rainforest Park

Located in Luquillo, between the El Yunque National Forest and the Atlantic coastline, Carabalí.... read more

Upgrades at Luis Muñoz International Airport

Named in honor of the first elected-governor of Puerto Rico, the Luis Muñoz International Air.... read more

More Articles