I went back with him to talk to the fruit guy and easily got the rest of his money back. You may be able to exchange your money at the Santo Domingo airport, but exchange rates may not be the best. The Dominican Republic has its own currency, the Dominican Peso (RD$) which is split in 100 cents. The Dominican Republic has its own currency, the Dominican Peso (RD$) which is split in 100 cents. As of Date 08/10/2020 07:00pm According to the time of Santo Domingo . The smallest coin used in DR is the one peso coin (RD$1.00). eval(ez_write_tag([[336,280],'iheartdr_com-banner-1','ezslot_6',160,'0','0'])); [gap height=”15px”] It has been devaluating steadily over the last  few decades and every passing year the Dominican Republic becomes a cheaper tourism destination since you get more pesos for the same amount of dollars, euros and other types of currencies. It lies within the boundaries of the Distrito Nacional (D.N. Paying cash will also give you the opportunity to bargain the price of almost anything. Chances are that your card issuer is either a member of the PLUS system (operated by VISA) or the CIRRUS system (operated by MasterCard), or the Europay system. U.S. Dollar (USD) is the official currency of United States. link to Coronavirus in the Dominican Republic - Latest Updates. The text on this page has been made available under the Creative Commons Attribution-ShareAlike License and Creative Commons Licenses, Creative Commons Attribution-ShareAlike License, View Historical Past Exchange Rates for the, View Exchange Rate Charts & Graphs for the. It is not unusual to get a discount for paying in cash (rather than credit card) because store owners are charged a processing fee for every purchase made with a credit card so they encourage customers to pay cash. It’s located about 18.7 miles (30 km) 30 km from Santo Domingo city centre. Money Transfer. Home > XE Currency Converter - Live Rates > 1 Dominican Peso to US Dollar. We inform you that due to the difficult situation caused by the Covid-19 pandemic, during the next weeks some of our exchange offices will see their opening hours altered and they may even be temporarily closed. I was born and raised in the Dominican Republic but oftentimes, because of the way I look, I get mistaken for a tourist and am given the “special” price to which I just smile and say “hey, I’m dominican” and magically the price goes down (don’t try this unless you speak perfect dominican slang!). Bills come in denominations of 20, 50 100, 200, 500, 1000, 2000. If you are traveling to Santo Domingo, you will need to exchange your currency for the Dominican Peso. As I mentioned before many places will accept US dollars as a form of payment but be prepared to get your change in pesos at a very unfavorable rate so if you’re paying in a currency other than pesos make sure to pay as close to the exact cost amount as possible. Phone: +1 809-947-2225 FAQ. *Price shown online includes a 15% off compared to standard prices at our branches (discount applied on exchange margin). eval(ez_write_tag([[336,280],'iheartdr_com-leader-2','ezslot_12',166,'0','0'])); You can purchase a limited amount of dollars at most commercial banks and exchange houses. Currency Data API. Don’t get me wrong, Dominicans are very friendly by nature, especially so with foreign visitors but as soon as they see you are from out of town the prices automatically go up. A good tip is to exchange your money little by little that way you don’t have a lot of pesos left at the end of your trip since it might not be as easy to exchange back to your home currency when you’re ready to go back home. Be advised that, different from europe for example, you are expected to leave a tip and not doing so may be interpreted as if the person providing the service didn’t do a good job. Paraiso, Apartamento 2-B, Santo Domingo 10126, Dominican Republic, km.5 1/2, Resp., Carr. Regarding the notes, there are of 10, 20, 50, 100, 500, 1000 and 2000 pesos. 10 currencies available for all your travel destinations. In some cases it may state "D.N. Dominican Peso (DOP) Convert From Dominican Peso To U.S. Dollar. Another quick way to find out what’s the current exchange rate is to type “your currency to dominican peso” in the google search bar (i.e. ", which strictly refers to the city proper, i.e., excluding the surrounding province of Santo Domingo. We will return on a regular basis as soon as the situation at the airports recovers. The official currency for Santo Domingo is Dominican Peso and the below is today's foreign exchange rate at Santo Domingo airport. Expect to lose some of your money on this transaction since the rates from pesos to other currencies will benefit the buyer. We like to travel around the DR and discover new things on each destination and along the way. I recommend you ALWAYS carry some cash with you if you are not in your hotel, it is up to you to carry pesos or a foreign currency (US dollars will be accepted almost everywhere) although I strongly advise exchanging at least some of your money to pesos to have just in case. Av. Find answers to common questions about XE and our services. Discover the currency of the Dominican Republic and the payment options you can choose. There are more than 1,000 ATM machines around the country so it shouldn’t be hard for you to find one. To know your current location in Santo Domingo, search “Where Am I” on Google. To which he replied with another question “How much is a banana worth?” He had bought the banana from the fruit vendor down the street and paid with a 100 pesos bill from which he only got 10 back. I'm a local closely following the news of coronavirus in the Dominican Republic. Import regulations: For persons of 16 years of age or older:- 200 cigarettes;- 1 liter of alcohol;- goods for personal use;- gifts up to a maximum ... More information. U.S. Dollar - USD . Rate Alerts. Debit cards are treated the same way as credit cards here in the DR by most establishments, especially if they carry the Visa or MasterCard logo. Santo Domingo, or Santo Domingo de Guzmán, is the capital and largest city in the Dominican Republic. It offers the greatest flexibility, gets you the best prices, gets you out of a jam in case of an emergency and it is the universal language. ” Is everything ok?” I asked. 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