Dominican Republic - Money and costs
The
official Dominican currency is the peso (RD$) , which comes in
notes of 5, 10, 20, 50, 100, 500, 1000 and 5000; there
are also 0.10, 0.25, 0.50 and 1 peso coins
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The official Dominican currency is the peso (RD$) ,
which comes in notes of 5, 10, 20, 50, 100, 500, 1000 and
5000; there are also 0.10, 0.25, 0.50 and 1 peso coins,
though only the last sees much use.
The exchange rate varies from day to day, but typically
hovers at around 16-17 pesos to the US dollar.
It's impossible to find Dominican pesos outside the country,
but visitors are well advised to come armed with a
substantial amount of US dollars, as these are the most
readily accepted (and exchangeable) foreign currency in the
land. The best places to change money are the
banks, which offer good exchange rates; keep your
receipts, as this allows you to exchange 30 percent of the
pesos back into hard currency (dollars or euros) on
departure. In a pinch, smaller casas de cambio are
fine, though you should avoid the street moneychangers
.
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The Dominican Republic is one of the last true budget
destinations in the Caribbean. Package deals are relatively
low-priced, and in many parts of the country shoestring
travelers can spend as little as US$30/£19 per day. The
savings are spread unevenly, though, and some things are
pricier here than elsewhere: riding from town to town via
public transport can cost as little as US$0.35/£0.20, but
car rental will set you back at least US$45/£28 a day
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Dominican
Republic
travel guide
Dominican Republic
Where to go
 When
to go
Getting there
Entry requirements
Money and costs
Getting around
 Food
and drink
 Communications
Crime and safety
 Brief
history
Best of DR
Info and maps
 Diving,
surfing
 Festivals,
holidays
Explore
Dominican Republic
Barahona
Barahona
The City
East of Barahona
San
Cristóbal
San José de Ocóa
West of Barahona
Bayahibe
Bayahibe
Travel info
Boca Chica
Boca de Yuma
Cabarete
Cabarete
Windsurfing
Restaurants
Sports outfitters
Cibao
Cibao
Explore Cibao
Cordillera Central
Explore Cordillera Central
Jarabocoa
Jarabocoa
Arrival & accommodation
Restaurants,
tour operators
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La Vega
La Vega
Pico Duarte, Cordillera
Central's Nat'l Parks
San José de las Matas
Santiago
Arrival and getting around
Places to eat
Nightlife
El Castillo and La Isabela
El Limón
Hato Mayor and
Sabana de la Mar
Juan
Dolio
La Romana and
Casa de Campo
Practicalities
Las Galeras
Eating options
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