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Dominican Republic Currency

Money

The currency is the Dominican Republic Peso (DOP), divided into 100 centavos. Many of the hotels and restaurants in the main tourist destinations display their prices in US dollars as well as in Dominican Pesos, as US dollars are widely accepted and some places will also accept Euros. The peso cannot be exchanged outside of the Dominican Republic. Major currencies can be converted into pesos at Central Bank approved bureaux; only 30% of the pesos bought can be re-converted and this only if the original receipts are produced, so it is best not to buy more pesos than you are likely to need. Major credit cards are accepted everywhere, but a commission is usually charged and it is recommended that you only use your credit card at your hotel as fraud incidents have been reported. The best exchange rates are paid on US travellers cheques and secondly on US dollars cash and are best exchanged at exchange bureaux (casas de cambio). Banking hours are Monday to Friday from 8.30am to 4.30pm; some banks also open on Saturday. ATMs are widespread.


Currency Exchange Rates


Dominican Republic DOP 1 DOP 5 DOP 10 DOP 100 DOP 1,000
Australia A$ 0.02 A$ 0.12 A$ 0.24 A$ 2.45 A$ 24.49
Canada C$ 0.02 C$ 0.12 C$ 0.25 C$ 2.48 C$ 24.82
Ireland € 0.02 € 0.08 € 0.17 € 1.70 € 17.00
New Zealand NZ$ 0.03 NZ$ 0.13 NZ$ 0.27 NZ$ 2.68 NZ$ 26.81
South Africa R 0.24 R 1.22 R 2.44 R 24.35 R 243.52
United Kingdom £ 0.01 £ 0.07 £ 0.13 £ 1.35 £ 13.47
United States of America US$ 0.02 US$ 0.11 US$ 0.23 US$ 2.28 US$ 22.76

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

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