Dominican Peso
(DOP) Insights
Currency of Caribbean's largest economy; fastest growing in Latin America (pre-COVID); tourism (~8% GDP), free trade zones, and remittances key pillars; significant gold/silver mining; Haitian labour dependency
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DOP Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Dominican Peso.
DOP
Standardized ISO 4217 Currency Code
RD$
Unicode Glyphs & Display Symbol
1/100 = Centavo Decimals
Subdivision unit definition
Dominican Republic
Central Bank of the Dominican Republic (BCRD)
Central Bank of the Dominican Republic (BCRD)
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
RD$ 20
Coins
RD$ 1
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Dominican Peso, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Central Bank of the Dominican Republic (BCRD).
DOP Market Insights
Deep-dive analysis of the Dominican Peso's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower tourism and free zone revenues; lower inflation
Weak Currency Impact
Higher remittance values; boosts tourism competitiveness; higher import costs; inflation pressure
Remittance Role
Dominican Republic receives significant remittances (~$10.4 billion/year, ~8% GDP); major sources USA, Spain from Dominican diaspora
Central Bank Tools
Monetary Policy Rate, Reserve Requirements, FX interventions
Common Questions About Dominican Peso
Everything you need to know about DOP exchange rates, banknotes, and historical significance.