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Dominican Republic - Dominican Peso - Currency Guide

 

Foreign exchange guide to Dominican Republic and the Dominican Peso (DOP)

     

DOP News, Forecasts and Trends

The below interactive chart shows the USD to DOP exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to DOP 90-day trend
 
ALERT:7-DAY2.7% |
USD/DOP at 56.9 was trading 4.6% above AVG:54.41 with LO:53.42 and HI:57.19 (90 days). ALERT: USD/DOP is UP 2.7% this 7-DAY period.

US Dollar to Dominican Peso - Historical Rates

USD/DOPPeriod to 02-JunDateRate
3.1% ▲1 Week26 May 202055.4684
5.2% ▲30 Days03 May 202054.3846
6.7% ▲90 Days04 Mar 202053.5966
13.2% ▲1 Year03 Jun 201950.5410
27.7% ▲5 Years04 Jun 201544.7937
55% ▲10 Years05 Jun 201036.8983
USD/DOP 10 year rates & changes to 02-Jun-2020 (57.1922)

US Dollar to Dominican Peso - Quick Conversions

USD DOP
U$ 1 RD$ 56.90
U$ 5 RD$ 284.50
U$ 10 RD$ 569.00
U$ 20 RD$ 1,138
U$ 50 RD$ 2,845
U$ 100 RD$ 5,690
U$ 250 RD$ 14,225
U$ 500 RD$ 28,450
U$ 1,000 RD$ 56,900
U$ 2,000 RD$ 113,800
U$ 5,000 RD$ 284,500
U$ 10,000 RD$ 569,000
U$ 50,000 RD$ 2,845,000
U$ 100,000 RD$ 5,690,000
More amounts
USD DOP
U$ 0.0176 RD$ 1
U$ 0.0879 RD$ 5
U$ 0.1758 RD$ 10
U$ 0.3515 RD$ 20
U$ 0.8788 RD$ 50
U$ 1.7575 RD$ 100
U$ 4.3938 RD$ 250
U$ 8.7875 RD$ 500
U$ 17.58 RD$ 1,000
U$ 35.15 RD$ 2,000
U$ 87.88 RD$ 5,000
U$ 175.75 RD$ 10,000
U$ 878.75 RD$ 50,000
U$ 1,758 RD$ 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Dominican Republic?

The domestic currency in Dominican Republic is the Dominican Peso.

What is the Dominican Peso currency code and symbol?

The three letter currency code for the Dominican Peso is DOP — symbol is RD$.

Which countries use the Dominican Peso?

It is the domestic currency in    Dominican Republic.

Is the Dominican Peso a closed currency?

No, the Dominican Peso is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Dominican Republic

Travel money for Dominican Republic

Save money and time by Ordering your Dominican Peso online from Travelex, you get better rates and can pick up the DOP cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Dominican Peso otherwise you may get much worst exchange rates.

 

Sending money to Dominican Republic

When searching around for information on how to get a good exchange rate when sending money to Dominican Republic you need to start with finding out the latest Dominican Peso foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Dominican Republic

When sending money to Dominican Republic it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Dominican Peso amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted DOP amount will be transfered to the recipient account you specify in Dominican Republic.

Use our Send to Dominican Peso calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Dominican Peso deposited into the recipient bank account and less margins and fees kept by the banks!


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