Currencies

Countries that use the Dominican Peso

The Dominican Peso was established in 1844 as an official national currency and is used only in the Dominican Republic. 1 Peso is devided into 100 Centavos.

ISO 4127:
DOP
Numeric:
214
Symbol:
RD$
1.00 Dominican Peso = 0.020 US Dollar
(date: 08/17/2018)



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Exchange rate history 1000 DOP in USD



Dominican Peso as currency

CountryRegion
Dominican RepublicCaribbean




Currency reserves for the Dominican Peso

According to the International Monetary Fund, the total broad money (M3) amounted to DOP 1,314.24 billion at the end of 2017. For currency hedging, reserves were held in a total amount of 327.04 billion Pesos. This corresponds to a ratio of 1:4.0. Or in other words: 1 of 4 Pesos is deposited with a countervalue, which is internationally already above average.

Approximately 1.1 billion Pesos (0.3%) of the currency reserves exist in gold reserves, the remainder consists of foreign currencies, special drawing rights in the International Monetary Fund and other reserve positions.

Worldwide currency and gold reserves

US Dollar as currency

CountryRegion
American SamoaPolynesia
British Virgin IslandsCaribbean
EcuadorSouth America
El SalvadorCentral America
GuamMicronesia
East TimorSoutheast Asia
Marshall IslandsMicronesia
Federated States of MicronesiaMicronesia
PalauMicronesia
Northern Mariana IslandsMicronesia
Puerto RicoCaribbean
Turks and Caicos IslandsCaribbean
United StatesNorth America
Virgin IslandsCaribbean
British Indian Ocean TerritoryEastern Africa
Bonaire, Saint Eustatius and SabaCaribbean