Dominican peso to dollar rate today: where to exchange and where you get more for your dollars
The gap between exchange houses and banks is over a peso per dollar. Here's where to get the best deal before you convert.
Key points
- Moneycorps pays the highest rate for dollars sold today: 60.50 Dominican pesos per dollar.
- Cambio Extranjero is the cheapest place to buy dollars, selling at 60.89 pesos.
- Banks average 58.51 pesos to buy dollars and 61.41 pesos to sell them.
The dollar exchange rate in the Dominican Republic shows significant differences today depending on where you make the transaction. For those selling dollars to receive pesos, the best rate recorded is at Moneycorps, which pays 60.50 pesos per dollar. Taveras follows at 60.35, and RM at 60.30.
For those who need to buy dollars, Cambio Extranjero offers the most affordable selling rate, at 60.89 pesos. Other agents such as RM, Taveras, and Gamelin also offer prices close to this range.
At banks, the average buying rate is 58.51 pesos and the average selling rate is 61.41 pesos. Within the banking system, some institutions pay less when buying dollars, such as Banco BHD and Banesco at 57.95 pesos per dollar, while Bonanza Banco offers 59.50 pesos for the same operation.
For remittances and other currency exchanges, Caribe Express, a remittance company, shows a buying rate of 59.60 pesos. Savings and loan associations also offer competitive figures, such as Asociación Cibao and La Nacional, both at 59.40 pesos for buying.
In short, comparing before you transact can make a real difference in how much money you receive or pay for your dollars.
Why it matters
If you're sending money home or converting dollars, checking rates first can mean more pesos in your pocket. Small differences add up on larger amounts.