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Dominican Republic - Dominican Peso - Currency Guide

 

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

   

USD/DOP Trend (90-day)

USDDOP at 57.94 is near its 90-DAY average, range 57.57-58.43.
|
90-DAY-LOW (5d)
 
Recent USD to DOP Trend + Alerts

The above interactive chart shows the USD/DOP Exchange Rate, Trends and Alerts - UP DOWN HIGH LOW

   

DOP News, Forecasts and Trends

US Dollar to Dominican Peso - Historical Rates

USD/DOPChangePeriod
57.9172
01 Mar 2021
0.1% ▼1 Week
58.0400
06 Feb 2021
0.4% ▼30 Days
58.1945
08 Dec 2020
0.6% ▼90 Days
53.6816
08 Mar 2020
7.7% ▲1 Year
45.7473
09 Mar 2016
26.4% ▲5 Years
37.7355
11 Mar 2011
53.3% ▲10 Years

USD/DOP 10 year historic rates & change to 08-Mar-2021 : 57.8348

 

$10,000 USD
=
RD$579,413 DOP

Converted at USD/DOP interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Dominican Peso - Quick Convert

USD DOP
$ 1 RD$ 57.94
$ 5 RD$ 289.70
$ 10 RD$ 579.40
$ 20 RD$ 1,159
$ 50 RD$ 2,897
$ 100 RD$ 5,794
$ 250 RD$ 14,485
$ 500 RD$ 28,970
$ 1,000 RD$ 57,940
$ 2,000 RD$ 115,880
$ 5,000 RD$ 289,700
$ 10,000 RD$ 579,400
$ 50,000 RD$ 2,897,000
$ 100,000 RD$ 5,794,000
More amounts
USD DOP
$ 0.0173 RD$ 1
$ 0.0863 RD$ 5
$ 0.1726 RD$ 10
$ 0.3452 RD$ 20
$ 0.8630 RD$ 50
$ 1.7259 RD$ 100
$ 4.3148 RD$ 250
$ 8.6295 RD$ 500
$ 17.26 RD$ 1,000
$ 34.52 RD$ 2,000
$ 86.30 RD$ 5,000
$ 172.59 RD$ 10,000
$ 862.95 RD$ 50,000
$ 1,726 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.

 

Send Money to Dominican Republic - Best Rates

To get a good (and fair) exchange rate when sending money to Dominican Republic you need to find and compare exchange rates for International Money Transfers (IMTs).

The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


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 the above 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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