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Dominican Republic - Dominican Peso - Currency Guide

 

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

   

USD/DOP 90-day view

USDDOP at 58.3 is near its 90-DAY average, range 57.42-58.55.
|
1-DAY0.6%
 
Recent USD to DOP 90-day trend
   

DOP News, Forecasts and Trends

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

US Dollar to Dominican Peso - Historical Rates

USD/DOPChangePeriod
58.3358
24 Nov 2020
0.1% ▼1 Week
58.4560
01 Nov 2020
0.3% ▼30 Days
58.3721
02 Sep 2020
0.1% ▼90 Days
52.8529
02 Dec 2019
10.3% ▲1 Year
45.0228
03 Dec 2015
29.5% ▲5 Years
37.0633
04 Dec 2010
57.3% ▲10 Years

USD/DOP 10 year historic rates & change to 01-Dec-2020 : 58.2946

 

U$10,000 USD
=
RD$582,500 DOP

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

US Dollar to Dominican Peso - Quick Conversions

USD DOP
U$ 1 RD$ 58.25
U$ 5 RD$ 291.25
U$ 10 RD$ 582.50
U$ 20 RD$ 1,165
U$ 50 RD$ 2,913
U$ 100 RD$ 5,825
U$ 250 RD$ 14,563
U$ 500 RD$ 29,125
U$ 1,000 RD$ 58,250
U$ 2,000 RD$ 116,500
U$ 5,000 RD$ 291,250
U$ 10,000 RD$ 582,500
U$ 50,000 RD$ 2,912,500
U$ 100,000 RD$ 5,825,000
More amounts
USD DOP
U$ 0.0172 RD$ 1
U$ 0.0858 RD$ 5
U$ 0.1717 RD$ 10
U$ 0.3433 RD$ 20
U$ 0.8584 RD$ 50
U$ 1.7167 RD$ 100
U$ 4.2918 RD$ 250
U$ 8.5835 RD$ 500
U$ 17.17 RD$ 1,000
U$ 34.33 RD$ 2,000
U$ 85.84 RD$ 5,000
U$ 171.67 RD$ 10,000
U$ 858.35 RD$ 50,000
U$ 1,717 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

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 exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

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 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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