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DOP to USD - Dominican Peso to US Dollar Converter

Convert Dominican Peso to US Dollar with daily ECB exchange rates

1 DOP = ~0.0159 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

DOP to USD moves are generally gradual. For rough planning, 1,000 DOP is about 15-20 USD depending on market conditions.

Use a rough rule of thumb around 60 DOP per USD, then verify with live quotes.

✈️ Travel budgeting💼 Quick invoicing💸 Remittance planning

Common DOP - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include central bank policy in the Dominican Republic, inflation differentials with the US, trade flows, tourism demand, political events, and global risk sentiment that shifts demand for USD as a safe asset.

Economic Context

Trading Relationship

The United States and the Dominican Republic engage in rich bilateral trade, with the U.S. as a major destination for Dominican goods and a source of USD liquidity for local markets. FX moves influence pricing and payment timing across sectors.

Key Rate Factors

  • •Central bank policy (BCRD)
  • •Inflation differentials
  • •US trade balance and tariffs
  • •Political stability
  • •Market risk sentiment

Central Banks

Banco Central de la República Dominicana
Santo Domingo, Dominican Republic
Sets monetary policy, maintains price stability, manages foreign reserves, and regulates credit in the domestic market.
Federal Reserve System
Washington, D.C., USA
The US central bank. Defines monetary policy, controls inflation, and provides liquidity to financial institutions.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates