The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Dominican Republic can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Dominican Republic bank accounts or pay a Dominican peso invoice.
USD to DOP Market Data
US dollar (USD) to Dominican peso (DOP) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell USD →
Buy DOP
1 USD = 59.03 DOP
▲+0.1%
14d-highs
USD to DOP is at 14-day highs near 59.08, 2.7% below its 3-month average of 60.7, having traded in a fairly volatile 8.3% range from 58.68 to 63.54
|
Tracker
1 DOP =
0.016939 USD
Is the USD to DOP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Dominican peso is to review how the USD/DOP rate has changed over time.
The table below shows the percentage change in the USD to DOP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
USD/DOP
Change
Period
07 Jul 2023
55.76
0.5% ▲
2 Week
22 Apr 2023
54.60
2.7% ▲
3 Month
21 Jul 2022
54.32
3.2% ▲
1 Year
22 Jul 2018
49.58
13% ▲
5 Year
23 Jul 2013
41.83
34% ▲
10 Year
26 Jul 2003
34.29
63.5% ▲
20 Year
USD/DOP historic rates & change to 21-Jul-2023
USD to DOP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Dominican peso across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to DOP?
The best USD to DOP exchange rate is 58.65 from Wise. This is -0.64% compared to the mid-market rate 59.03.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Dominican peso (DOP) rates from different sources before making a conversion.
The above
Dollar to Dominican peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest USD-DOP mid-rate and the possible savings of using various providers.
How do USD-DOP rates compare between providers?
Looking at the
full comparison table
the best USD to DOP exchange rate is 58.65 from Wise, -0.64% from the mid-market rate 59.03. The next best rate is 57.62 from WorldRemit, -2.4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: