| Dominican
Republic
Dominican
Pesos = 100 Centavo(s). Notes are in denominations
DOP2000, 1000, 500, 100, 50, 20, 10
To
view images and descriptions of all these
denominations [click
here]
Currency
Import/Export Restrictions:
The
import and export of local currencies are
limited to DOP20,000 in notes and DOP100
in coins.
The
import of foreign currencies must be declared
if it exceeds USD10,000 and if this amount
is to be re-exported.
The
export of foreign currencies is free up
to USD10,000 or equivalent. Larger amounts
require authorisation from the central bank.
[Click
Here] for more information on doing
a money transfer to Dominican Republic.
Currency
Exchange:
Despite
what you might read in other currency guides,
the Dominican Peso is available to purchase
outside of the Dominican Republic and it
is not illegal to carry the local currency
into the country. Once in Dominican Republic
a lot of merchandise will be priced in US
Dollars and can be brought with US Dollars
as well as the local currency. All money
exchange must be done by dealers that have
been approved by the central bank such as
banks and hotels. Do not deal currency on
the black market.
Credit
Cards:
American
Express, Diners Club, MasterCard and Visa
are all accepted. Check with your credit
or debit card company for details of merchant
acceptability and other services which may
be available.
Banks:
The
banking hours in the Dominican Republic
are Monday-Friday 8am-6pm.
Exchange
Rate History:
| Date
|
DOP
Rate |
| 01/01/02
|
24.311 |
| 01/01/03
|
32.321 |
01/01/04
|
52.808 |
| 01/01/05
|
54.891 |
| 01/01/06 |
57.847 |
A rough guide to the tourists rates for the
Dominican Peso since the beginning of 2002
-View
Dominican Peso exchange Rate-
-Order
Dominican Peso-
-Register
for an International money transfer To Dominican
Republic-
|
