Peg and Artstuff:

I went to Peru in 2008 and it was fabulous as Peru gives you a lot more for your money. In the 2 weeks I was there I don't recall paying more than 60 soles ($20 US equivalent) for a good meal with wine.

Artstuff, you mentioned the US dollar being acceptable but Peru is like most any other part of the world in that using foreign currency isn't a good idea. Just because the US dollar is accepted doesn't mean it's the best way to pay, as the vendors will add in a nice commission for themselves. You are still best advised to use your ATM card to get Peruvian currency and credit cards for major purchases. If you do decide on Peru I think you will be pleased.

Such is life, some times the dollar is up, some times the dollar is down.
Make your plans and travel.

Just wait until November and if the GOP wins big, just watch the dollar tank.