Dominican Pesos symbol: $| RD$, DOP
1. Dominican Peso or Peso Dominicano is the official currency of the Dominican Republic since 2011, and it is abbreviated as DOP.
2. DOP first came into existence and was announced for circulation after the country got independence from Haiti in 1844 and replaced the Haitian gourde at par.
3. Due to the emergence of currency like the franco, DOP has gone through many oscillations after its existence came into reality but the latter could not replace it.
4. However, Dominican Peso was later replaced by the U.S. Dollars at an estimate of 5 pesos to the dollar in 1905 which continued till 1947.
5. In addition, its issuance lies with the Central Bank of the Dominican Republic, which also manages the country's foreign exchange services.
6. Dominican banknotes are available in 50RD$, 100RD$, 200RD$, 500RD$, 1000RD$ and 2000RD$ denominations.
7. Also, DOP after 1963 became a free-floating fiat currency that is not backed by any valuable commodity.
Dominican Peso (DOP)
Exchange RateWhat is the interbank exchange rate for the Dominican Peso ?
1 GBP = 78.572800 DOP
Last update date : 11-10-2024 05:10:46
Last updated on 11-10-2024 05:10:46
The below table shows the exchange rate and inverse exchange rate
Last updated on 11-10-2024 05:10:46
Currency |
Exchange Rate |
Inverse Rate |
|---|---|---|
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
We are pleased to announce that, starting from 16-Sep-2024, our international payments service for corporate clients will be managed by our sister company, Sterling FX. The Currency Club platform will now focus more on private clients, while Sterling FX will continue to cater to institutional business needs.
Please note that, aside from being redirected to the Sterling FX website, the following will remain unchanged:
You can continue to log in using your existing credentials.
You will continue to work with the same points of contact. All our team members are being retained in their current roles.
The agreed fixed margins on your account will remain the same.
The services we have provided to you thus far will continue to be offered by Sterling FX. The only differences will be slight changes to the interface, such as the website, logo, and color scheme.
We are excited to continue doing business with you and greatly appreciate your ongoing partnership.
As always should you have any questions, please feel free to get in touch on +44(0) 207 723 7000.
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