Rate to 40.50/1 yesterday.
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Rate to 40.50/1 yesterday.
Where did you get this rate?Quote:
Originally Posted by Tonto4
Good morning. I read somewhere that a ST is 1,000 pesos. So a ST is less the $30 USD? That's cheaper than a parking ticket here in White Plains, NY. LOLQuote:
Originally Posted by Tonto4
Most things are negotiable.Quote:
Originally Posted by Leche
New York Times last Saturday. I rechecked and it is actually 40.05, notable only that it had finally crossed 40.Quote:
Originally Posted by snoozer
The over 40 rate has been posted on dr1 for the past 3 or 4 weeks as well.Quote:
Originally Posted by Tonto4
Quote:
Originally Posted by Drjetman
Considering that a peso is only about 2 1/2 cents, and the exchange rate varies by Dominican PENNIES you guys expend more effort keeping track of the exchange rate than your time is worth.
I don't get it.
I see guys that stay at places like Blackbeards, and spend more money on gas or taxis to go into town, then they receive as a benefit by doing so.
I guess it's a mental thing.
I live here, and I don't pay attention to it, unless I'm exchanging 5K dollars or more. Even then, the pennies difference is hardly enough to pay for a beer.
Willys Exchange Caberate has at 40.04 DOP = 1 US dollar today...
So yesterday, I was sitting in a spot during the afternoon, on Duarte and there is a money change place next door, they were advertising for the US dollar - 40.15; I heard from some other that Caribe Express who normally gives the best rate was giving 40.40 can't say if that is true, I didn't go past there.
So today I am sitting in the same place and today it is 40.25!!! Still don't know what at the Caribe Express.
I think when I first moved to the country it was 32 and change it's almost 6 years, but this helps out a lot if you are getting paid with US dollars, it hurts a lot if you are Dominican and get paid in pesos.
Oanda has it at 39.9.
http://www.oanda.com/
The exchange rate has been going up a couple of cents on almost a daily basis since 2009.........Quote:
Originally Posted by yayow
Again.. You guys are talking about Dominican pennies, when a Dominican PESO is worth about 2 cents. Doesn't make much sense, does it?
Just hope it keeps on going up, it may not seem like much to you, but for me it works out well, since I first moved here, and now when my pension check goes into the bank I receive approximately 40,000 extra pesos a month more now than when I first moved here, it's the same amount in US dollars but quite a difference in dominican pesos, so for me those pennies add up. The unfortunate part is if it starts to go down, then my pesos go down, so I like it when it goes up. But maybe that's just me.Quote:
Originally Posted by MrHappy
Quote:
Originally Posted by yayow
Don't get me wrong, I enjoy the benefits of the increasing exchange rate, but I still think it's absurd to expend an effort hitting various exchange places to see who has the "best" rate, especially when someone is exchanging a couple hundred bucks.
Quote:
Originally Posted by MrHappy
I agree with you, it is absurd to worry about it, especially if only exchanging small amounts, it was just an observation on my part, as I was sitting in a colmado and glanced over since their board was outside on the sidewalk, I didn't even know it was over 40 at the time, but then when I returned the next day, and overnight it went up again, I thought I mention it.
Quote:
Originally Posted by yayow
Oh, BTW, I wasn't directing my comments at you.. I've had a couple of guys PM me for "where can I get the best rate" and your post reminded me of them.
Speaking as an occasional monger ... the only problem I could have with the dollar rising vis-a-vis the DR$, is if it jacks up the DR$ prices for things like food, Presidentes grande, chicas ...Quote:
Originally Posted by yayow
Yayow, Mr. Happy, I appreciate your on-the-spot information. And if I'm at Blackbeard's I'll walk up to Jenny's as usual ... I need the exercise.
Would someone on the ground in Sosua please ask the current rate for CAD, USD, BPS & EUR from the cambios and post them?
Muchas gracias!
"otro monedas convertible"Quote:
Originally Posted by Siochana
http://bancocentral.gov.do/estadisti...cado_Cambiario
Are these also essentially what's used on the street at the cambios?
Quote:
Originally Posted by MrHappy
I always use www.xe.com to check rates. On the ground, they are very close.