Foreign Exchange Guide to Dominican Republic

Dominican Peso (DOP) general currency information

What is the Dominican Peso currency code and symbol?

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

Which countries use the Dominican Peso?

It is the domestic currency in Dominican Republic.

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 DOP 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!