Dominican Republic Currency

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his gallery shows you what the Dominican Republic’s currency looks like. They are called Pesos and uses the “$” sign as it’s symbol (RD$). They have both coins and paper money. Bigger denominations are paper/banknotes and smallest being the coins.

Smallest coin amount: 1 Peso | Biggest banknote/paper amount: 2000 Pesos (which is missing from the gallery, didn’t have time to get a hold of one and take a picture, feel free to Google that if you want). $1 USD = about 50 Pesos. Use the XE Currency converter for live and accurate market rates.

Your Dollars Go A Long Way but… Beware: just because the Dominican Republic’s denominations (bank notes) are huge does not mean the money is useless or “monopoly money”. Use it wisely or else you will run out or find yourself easily blowing through hundreds of dollars (I know from personal experience, believe me). That 1000 pesos you see in the gallery is about $20 USD. I am quite certain that you care about how you would spend your $20 USD, so treat that 1000 pesos or any pesos the same way. It’s REAL money and should be treated with respect (of course some currencies like the USD get most respect but all money is to be respected nonetheless).

 

Joel

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Joel

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  • Frank says:

    Thanks for the words of wisdom.

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  • Michael says:

    Currencies are big but not that bad compared to other countries like say Vietnam.

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    • Charlie says:

      This is true, I have seen a 10,000 bill

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  • Maria says:

    Did you cook or only ate out? How was that like? How was the food?

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    • Joel says:

      I did both.

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  • Esmael says:

    The 200 and 1000 look similar. I like the currency.

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  • Edward says:

    How much do I need for 7 days there?

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    • Rebecca says:

      I wanna know to answer to this as well.

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    • Joel says:

      Depends on your spending habits, but minimum $1500.00 (this should account for going over budget – always assume you will go over budget).

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  • […] make sure that you are not carrying a lot of cash on you. A good meal anywhere in Sosúa for 1 person is less than 1000 pesos, so you don’t need to walk around with a ton of cash on you, and whatever you do, don’t make it […]

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