10/2004 - Current rate of exchange (Current Info)

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11-12-2004, 05:21 AM
continentalmike

Quote:

Originally Posted by Reel Deal

Prices will change when a vendors total revenue decreases to below break even. Could take a while, depending on how much economic pain a vendor can endure.

What is the rate fluctuation with the Canadian $, the pound, DM, lira, franc, etc? This figures into the overall picture.

I love chica logic: the rate goes down, so their prices go up to compensate. I guess Adam Smiths Law doesn't apply to DR whores...

:?: Umm.. sorry RD but the DM, lire and franc have been replaced by a brand new currency.. it's called the Euro.. currently trading at around 1.29 dollar to the euro... you might have heard about it.. :P
11-12-2004, 05:26 AM
continentalmike

Quote:

Originally Posted by Reel Deal

Prices will change when a vendors total revenue decreases to below break even. Could take a while, depending on how much economic pain a vendor can endure.

What is the rate fluctuation with the Canadian $, the pound, DM, lira, franc, etc? This figures into the overall picture.

I love chica logic: the rate goes down, so their prices go up to compensate. I guess Adam Smiths Law doesn't apply to DR whores...

:?: Umm.. sorry RD but the DM, lire and franc have been replaced by a brand new currency.. it's called the Euro.. currently trading at around 1.29 dollar to the euro... you might have heard about it.. :P
11-12-2004, 07:53 AM
BrooklynBeas

Quote:

Originally Posted by guttaman

got 10000dtr at 32 to 1 on halloween for next trip. Just lucky.

When is your next trip... this may not be a good investment if its after Feb.. or March..
11-12-2004, 09:19 AM
Reel Deal

Quote:

Originally Posted by continentalmike

Quote:

Originally Posted by Reel Deal

Prices will change when a vendors total revenue decreases to below break even. Could take a while, depending on how much economic pain a vendor can endure.

What is the rate fluctuation with the Canadian $, the pound, DM, lira, franc, etc? This figures into the overall picture.

I love chica logic: the rate goes down, so their prices go up to compensate. I guess Adam Smiths Law doesn't apply to DR whores...

:?: Umm.. sorry RD but the DM, lire and franc have been replaced by a brand new currency.. it's called the Euro.. currently trading at around 1.29 dollar to the euro... you might have heard about it.. :P

:roll:

Of course.

But the Euro has differing degrees of buying power within each country.

I was trying to point out that members of this board are not the only ones which can affect the pricing structures in the DR.
11-12-2004, 10:38 AM
MisterPink

CENSORED
11-12-2004, 11:09 AM
WSJ3

Friday, November 12, 2004

1 US Dollar = 29.08000 Dominican R. Peso
1 Dominican R. Peso (DOP) = 0.03439 US Dollar (USD)

Median price = 27.00000 / 29.08000 (bid/ask)
Minimum price = 24.94000 / 26.05900
Maximum price = 27.00000 / 29.08000
11-12-2004, 11:52 AM
continentalmike

Quote:

Originally Posted by Lechero

The recent weakening USD vs, EUR is generally not reflected in the RD/USD pair. If you are a good Arbitrageur you can take advantage of the recent strength of the EUR! Dominican Banks never pay the full value of the RD/EUR swap. This trade is only worthwhile on an institutional level, and has to be pre arranged at an Exchange house.

USD = 1.2932 EUR
USD = RD27
EUR = RD34

Agreed! The EUR-guys get a sucker deal in the DR.. I always get pesos from the AT-machine and change to dollars if I need them..
11-13-2004, 08:35 AM
domfan

rate

rate this morning at banco de reservas: 27.75
11-13-2004, 11:17 AM
jd_mine

I never change Euro's in DR. They fuck you on the rate. The rate from the machine is a LOT better.
I get some dollars here in Holland to pay the hotel there and all the other pesos come from the ATM.
I should do some calculations to see if it is worth it to just get dollars and exchange those to pesos.
The dollar is like 1.30 to the euro now, could be worth it.....
11-13-2004, 11:33 AM
guttaman

Beas, going 1/13 to 1/25. Hope i got good infomation for getting that many pesos. Like you say was told by a few business owners that they do not see dollar making a comeback till after like you said Feb or March. Hope my gamble pays off.
11-13-2004, 11:42 AM
MisterPink

CENSORED
11-15-2004, 08:07 AM
BrooklynBeas

Quote:

Originally Posted by guttaman

Beas, going 1/13 to 1/25. Hope i got good infomation for getting that many pesos. Like you say was told by a few business owners that they do not see dollar making a comeback till after like you said Feb or March. Hope my gamble pays off.

Good Luck... I brought back 9000 pesos a couple of trips ago but i didnt make much on that... it went up or down just about a peso or 2...
11-15-2004, 08:10 AM
BrooklynBeas

I will not be bringing back any pesos this trip... unless i win some money at the casino the last night.... I dont plan on going back to DR for a while after this trip... i need some time off and to save some money for Brazil and or Colombia
11-17-2004, 04:45 PM
domfan

right now at banco de reservas 29.00
11-17-2004, 06:53 PM
WSJ3

Currency Conversion Results
Symbol U.S. Dollar Exchange
Rate Dominican Peso Bid Ask
USDDOP=X 1 Nov 17 27.000 27.000 27.000 29.050

http://img.photobucket.com/albums/v4...ojones3/1y.gif
11-18-2004, 08:22 AM
domfan

rate

right now 29.00 at banco de reservas
dont loose hope......
11-18-2004, 09:02 AM
BrooklynBeas

Re: rate

Quote:

Originally Posted by domfan

right now 29.00 at banco de reservas
dont loose hope......

29-1 on enviosboya.com today... 30-1 would be very nice tomorrow at my man tutti frutti...
11-22-2004, 08:27 PM
psriches

Hey guys, what is the exchange rate in Sosua??
11-22-2004, 09:24 PM
gdogg

28.50 per EnviosBoya. BOOOOO!
:evil:
11-23-2004, 07:54 AM
JDR

29.50 yesterday.

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