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Dominican Republic: A unique and endless destination throughout the world.

Money

Money

 

The monetary unit of the Dominican Republic is the Dominican peso. Its symbol is RD$.

The peso is divided into 100 cents. In circulation are coins of 1, 5, 10 and 25 pesos. The currency note is in denominations of 20, 50, 100, 200, 500, 1,000 and 2,000 pesos.

As a general rule, you get more security and more pesos when exchanging your dollars in Commercial Banks, which have branches in the Country's main avenues and streets as well as in shopping centers (See directory of shopping centers and their schedules in pages 45 and 16). Knowing the official exchange rate, which is published daily in the newspapers, could make it advantageous for you to pay in American dollars.

monedasAs a general rule, you obtain greater security and a more favorable exchange rate at major commercial banks, which are legally required to place the official exchange rate for the day in public view. For your convenience, there are also currency exchange establishments located in most hotels. These are likewise required to place the daily exchange rate in public view the daily exchange rate.

Most hotels, restaurants and businesses accept major credit cards, and cardholders are charged the official exchange rate at the time of the transaction.

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