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DOP flagDominican 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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Currency Snapshot

Technical specifications, central bank governance, and market standing for Dominican Peso.

ISO Code

DOP

Standardized ISO 4217 Currency Code

Symbol

RD$

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Centavo Decimals

Subdivision unit definition

Region

Dominican Republic

DOP Primary AreaGlobal Trade
Central Bank

Central Bank of the Dominican Republic (BCRD)

Central Bank of the Dominican Republic (BCRD)

Pegged Currency

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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.

Fiat
Classification
USD/DOP
Top Pair Mapping
Dominican Republic
Main Adoption Regions
Dominican Peso Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of the Dominican Republic (BCRD).

Economic Intelligence

DOP Market Insights

Deep-dive analysis of the Dominican Peso's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; lower tourism and free zone revenues; lower inflation

Weak Currency Impact

Weak Currency Impact

Higher remittance values; boosts tourism competitiveness; higher import costs; inflation pressure

Remittance Role

Remittance Role

Dominican Republic receives significant remittances (~$10.4 billion/year, ~8% GDP); major sources USA, Spain from Dominican diaspora

Central Bank Tools

Central Bank Tools

Monetary Policy Rate, Reserve Requirements, FX interventions

Support & Resources

Common Questions About Dominican Peso

Everything you need to know about DOP exchange rates, banknotes, and historical significance.

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