Dominican Peso Rates Hold Steady: Where to Exchange Dollars Today
The dollar is unchanged from yesterday in the Dominican Republic, but big differences between providers can change how much you get. Here's who pays the most and who sells for less.
Key points
- The bank average is 58.54 pesos to buy and 61.41 pesos to sell, unchanged from yesterday.
- RM pays the highest rate to people selling dollars, at 60.60 pesos, and also has the highest selling rate among agents, at 61.50.
- Moneycorps offers the lowest selling rate among agents, at 61.15 pesos.
- Caribe Express pays 59.75 pesos per dollar, the highest buying rate among remittance companies, while BHD and Banesco pay 57.95, the lowest among banks.
The Dominican peso rate for the dollar is unchanged from yesterday. According to today's figures, the bank average is 58.54 pesos to buy and 61.41 pesos to sell, the same numbers recorded the previous day.
The average doesn't tell the full story, though. Among currency exchange agents, RM pays the most to people who want to sell dollars, at 60.60 pesos, and it also charges the most to sell them, at 61.50 pesos. Moneycorps, on the other hand, offers the lowest selling rate among agents, at 61.15 pesos.
Among remittance companies, Caribe Express pays 59.75 pesos per dollar, the highest buying rate in that group. Among banks, Bonanza Banco pays 59.50 pesos, while BHD and Banesco pay the least, at 57.95 pesos per dollar.
For your wallet, this means it pays to compare before exchanging. Someone selling dollars may get more from an agent or remittance company than from a bank, while someone who needs to buy dollars can find one of the more affordable options at Moneycorps. Checking rates before each transaction can lead to real savings.
Why it matters
If you're exchanging dollars, comparing providers before you trade can make a real difference. For buyers, Moneycorps is the cheapest selling option among the agents listed.