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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
 
14-DAY-LO
USD/DOP at 58.35 was trading 4% above AVG:56.11 with LO:53.67 and HI:58.56 (90 days). There are no current rate alerts.

US Dollar to Dominican Peso - Historical Rates

USD/DOP rateChangePeriod
06 Jul 2020 : 58.29090.1% ▲1 Week
13 Jun 2020 : 58.01580.6% ▲30 Days
14 Apr 2020 : 54.19727.7% ▲90 Days
14 Jul 2019 : 50.812014.8% ▲1 Year
15 Jul 2015 : 45.043529.5% ▲5 Years
16 Jul 2010 : 36.462860% ▲10 Years
USD/DOP 10 year historic rates & changes to 13-Jul-2020 : 58.3536
 

U$1,000 USD
=
RD$58,354 DOP

Converted at USD/DOP wholesale exchange rate, compare foreign transfer and spend/travel exchange rates.

 
 

US Dollar to Dominican Peso - Quick Conversions

USD DOP
U$ 1 RD$ 58.35
U$ 5 RD$ 291.75
U$ 10 RD$ 583.50
U$ 20 RD$ 1,167
U$ 50 RD$ 2,918
U$ 100 RD$ 5,835
U$ 250 RD$ 14,588
U$ 500 RD$ 29,175
U$ 1,000 RD$ 58,350
U$ 2,000 RD$ 116,700
U$ 5,000 RD$ 291,750
U$ 10,000 RD$ 583,500
U$ 50,000 RD$ 2,917,500
U$ 100,000 RD$ 5,835,000
More amounts
USD DOP
U$ 0.0171 RD$ 1
U$ 0.0857 RD$ 5
U$ 0.1714 RD$ 10
U$ 0.3427 RD$ 20
U$ 0.8569 RD$ 50
U$ 1.7137 RD$ 100
U$ 4.2843 RD$ 250
U$ 8.5685 RD$ 500
U$ 17.14 RD$ 1,000
U$ 34.27 RD$ 2,000
U$ 85.69 RD$ 5,000
U$ 171.37 RD$ 10,000
U$ 856.85 RD$ 50,000
U$ 1,714 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 exchange rate for foreign-transfers, which can be very different to the wholesale 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 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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