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Dominican Republic (DO)

The Dominican Republic is the Caribbean's most visited destination — a lively Spanish-speaking nation sharing the island of Hispaniola with Haiti.

Capital: Santo Domingo
Region: Americas
Language: Spanish
Currency: DOP (RD$)
Cost of living: Very affordable (index 40)
Emergency: 911
Free
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Currency & Money

Practical money tips for living in Dominican Republic.

RD$
Dominican Peso
DOP

Denominations

Coins: RD$1, RD$5, RD$10, RD$25. Notes: RD$20, RD$50, RD$100, RD$200, RD$500, RD$1,000, RD$2,000.

Payment Culture

USD is widely accepted in tourist areas, hotels, and major commercial zones. In everyday Dominican life — markets, colmados, local restaurants — DOP is standard. Credit cards accepted at supermarkets, malls, and hotels; smaller businesses prefer cash. Always carry some DOP for daily spending.

ATM Tips

BanReservas, Banco Popular, BHD, and Scotiabank ATMs are widespread. Foreign card fees: RD$100–200 per withdrawal. Daily withdrawal limits often RD$20,000–30,000 per card. Notify your home bank before arrival to avoid card blocks.

Exchange Tips

Exchange at airport banks or hotel desks is less favourable. Use local cambio booths or your bank for better rates. Wise and Revolut work well for international transfers. Rate: approximately RD$59–62 per USD (2026).

Pro tip: Best apps for expats

  • • Wise — Send money internationally at near-interbank rates
  • • Revolut — Multi-currency account, free ATM withdrawals (limits apply)
  • • N26 — German IBAN, free account, good for EU residents