Your essential source of information on the Dominican Republic currency (Dominican peso) currency guide home home
Please click on the links below for details of our services. If you find the pages valuable, please pass the details on to your friends and colleagues.
Buy your holiday and travel currency - Buy online securely with extra convenience and get better tourist rates than at the banks.
Overseas payments/transfers - Companies and individuals, save money and get better rates for all your overseas currency payments, property buying and transfers.
Currency forecasts - The complete range of Investica currency forecasts.
Dominican peso
The Dominican Republic officially uses the peso as the local currency. The lowest denomination is 1 peso.
Please note: The Dominican Republic should not be confused with the windward island of Dominica which uses the East Caribbean dollar.
Currency regime
The peso floats against major currencies, although there is considerable central bank management of the currency.
Commercial rates
On February 15th 2006, the peso was trading around 34.4 against the US currency, 40.9 against the Euro and 59.8 against Sterling.
Tourist rates
On February 15th 2006 the peso was valued at around 57.8 against Sterling. For 1 UK pound you will, therefore, receive around 57.8 pesos.
Travellers cheques should be taken in US dollars.
Only 30% of pesos taken can be converted back into local currency. Additional cash should, therefore, be taken in US dollars.
Buy your holiday and travel currency - Buy online securely with extra convenience and get better tourist rates than at the banks.