DOP · DOP
Dominican Peso (DOP)
The Dominican Peso (DOP) is the official currency of the Dominican Republic. Learn about its history, denominations, and role in the economy.
Convert this currency
Converted amount
0.0172 USD
Exchange rate
1 DOP = 0.017209 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
DOP · Dominican Peso
Dominican Peso (DOP): Overview and History
The Dominican Peso (DOP) is the official currency of the Dominican Republic, issued by the Central Bank of the Dominican Republic. It is symbolized as "RD$" to distinguish it from other peso currencies. The peso is subdivided into 100 centavos, although centavo coins are rarely used in daily transactions.
The currency has a long history, with the first Dominican peso introduced in 1844 after independence. Over the years, it has undergone several redenominations and changes, with the current peso introduced in 1985. The exchange rate is determined by market forces, and the currency is freely convertible.
The Dominican Republic's economy is diverse, with key sectors including tourism, agriculture, manufacturing, and services. The peso plays a vital role in facilitating trade and investment. While the currency has experienced periods of depreciation, it remains stable in recent years. Travelers and businesses should check current exchange rates before transactions.
- Code
- DOP
- Symbol
- DOP
- Current rate
- USD / DOP
Currency information
Last updated · 8/7/2026
The Dominican peso was introduced in 1844, replacing the Haitian gourde.
- Official name
- Dominican Peso
- Legal tender status
- Legal tender in the Dominican Republic
- Decimal places
- 2
- Minor unit
- Centavo · 1 DOP = 100 Centavo
- Countries
- Dominican Republic
- Issuing authority
- Central Bank of the Dominican Republic
- Central bank
- Central Bank of the Dominican Republic · Official website
- Exchange-rate regime
- Managed float
Common banknotes
RD$50 · RD$100 · RD$200 · RD$500 · RD$1000 · RD$2000
Common coins
RD$1 · RD$5 · RD$10 · RD$25 · 50 centavos · 25 centavos · 10 centavos · 5 centavos
Also known as
Peso · RD$ · Dominican Peso · DOP
Practical notes
- The symbol RD$ distinguishes it from other peso currencies.
- Banknotes of RD$2000 are less common.
Priority currency pairs
The most useful conversions for this currency.
Dominican Peso questions
What is the DOP exchange rate?
The displayed rate is the latest available reference rate for USD/DOP. It can change throughout the day.
How can I convert DOP online?
Use the converter above to calculate indicative amounts between DOP and the other supported currencies.