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    What Denominations

    Was looking and seems like theres alot of different money denominations in the DR. My question is what denominations to you guys ask for when exchanging your money. Which denominations do you find yourself using the most and what are the most convenient ones to have with you.

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    Re: What Denominations

    DO NOT accept anything larger than RD1000 Peso notes from the cambio!
    Always pay with a large bill so you have exact chica cambio.
    10, 25 Peso coins are handy to stockpile for motos.

    moto: 20 in the day, 30 @ night.


    mp
    Let's get the job done!

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    Re: What Denominations

    Quote Originally Posted by Dr.Kush View Post
    Was looking and seems like theres alot of different money denominations in the DR. My question is what denominations to you guys ask for when exchanging your money. Which denominations do you find yourself using the most and what are the most convenient ones to have with you.
    2000 dops can be a pain because you'll find few places to change them.

    You should have a few of the little stuff for tips. I give the classico waiter 120 for a 100dop drink, so I go with 100's and 20's.

    1000's and 500's are good for the chicas. 1500, 2000, 2500 being common.

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    Re: What Denominations

    Sosua sucks for change. People always complaining they have no change. Sometimes its true but usually it isn't. I find it helpful to try and conciously keep 200-300RD in small bills whenever possible.

    Less hassle paying for stuff especially if your haggling on prices. Be ready to pay with exact change.
    Jimmy owes me a dollar!

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    Re: What Denominations

    I always go to Banco Popular right after I land, with usd100's, and ask for only 500's, 100's, 50's & 20's. CO always lands at 1pm, so easy to do.

    Don't know the street of Banco Popular, but go down dr rosen, past pedros, past rockys, past NG, and go left at the 1st intersection. BP will be on your right few hundred feet. you can't miss it.

    I can never get that combination at the cambios or street guys. And you always have to use the cambios or street guys at some point so at least I start the trip with a reasonable combination of bills.

    It's a real pain to need to buy something small at nite and all you got is a 1000rd bill, and everybody says they don't have change.

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    Re: What Denominations

    When I go to the ATM I always get 3,900 or 6,900.....something that will give me atleast 400 - 900 100 unit pesos

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    Re: What Denominations

    Quote Originally Posted by eldorob View Post
    I always go to Banco Popular right after I land, with usd100's, and ask for only 500's, 100's, 50's & 20's. CO always lands at 1pm, so easy to do.

    Don't know the street of Banco Popular, but go down dr rosen, past pedros, past rockys, past NG, and go left at the 1st intersection. BP will be on your right few hundred feet. you can't miss it.

    I can never get that combination at the cambios or street guys. And you always have to use the cambios or street guys at some point so at least I start the trip with a reasonable combination of bills.

    It's a real pain to need to buy something small at nite and all you got is a 1000rd bill, and everybody says they don't have change.
    Ill have to hit this bank when i go there, thanks eldorob for that info.

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    Re: What Denominations

    Quote Originally Posted by cainer View Post
    Ill have to hit this bank when i go there, thanks eldorob for that info.
    The playero supermercados usually give a good rate as well and you can pick up what you need for your room while you're there.

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    Re: What Denominations

    Quote Originally Posted by Beads View Post
    Sosua sucks for change. People always complaining they have no change. Sometimes its true but usually it isn't. I find it helpful to try and conciously keep 200-300RD in small bills whenever possible.

    Less hassle paying for stuff especially if your haggling on prices. Be ready to pay with exact change.
    Its been almost 3 years since i was last in Sosua and i remember clear as day those shop owners always saying they couldnt make change. I had to have small bills for tips.I was getting tired of tipping to much all the time due to not having smaller bills in my pockets. So i needed a plan lol

    I remember being in the casino and i had a bunch of 25 pesos chips. Id stick them in my pocket and everytime i had to get up to take a piss or just walk around, id stop at the casheir and cash just one of them in everytime i walked by the cage.. If i took them all at once to the cashier, she would just give me a 500 peso note. By the end of the night, i had 20 of those 20 pesos notes and 20 of those 5 peso coins lol Problem solved

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    Re: What Denominations

    Quote Originally Posted by cainer View Post
    Its been almost 3 years since i was last in Sosua and i remember clear as day those shop owners always saying they couldnt make change. I had to have small bills for tips.I was getting tired of tipping to much all the time due to not having smaller bills in my pockets. So i needed a plan lol

    I remember being in the casino and i had a bunch of 25 pesos chips. Id stick them in my pocket and everytime i had to get up to take a piss or just walk around, id stop at the casheir and cash just one of them in everytime i walked by the cage.. If i took them all at once to the cashier, she would just give me a 500 peso note. By the end of the night, i had 20 of those 20 pesos notes and 20 of those 5 peso coins lol Problem solved
    Or you could just ask for 20's.

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    Re: What Denominations

    Quote Originally Posted by ElPlomero View Post
    The playero supermercados usually give a good rate as well and you can pick up what you need for your room while you're there.
    is the supermercado the one on the highway?I am guessing they are much cheaper then the store down near pj's?

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    Re: What Denominations

    Quote Originally Posted by ElPlomero View Post
    Or you could just ask for 20's.
    I tried that and they always say the same as the store owners, sorry, we dont have many small bills lol That is why i had to do it the way i did

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    Re: What Denominations

    I usually start with 2000 peso notes. (I use those for dinner since that seems to be what I spend with drinks and tips)

    The 20 peso notes are old and ratty and many stores won't take them. (They give them as change though!) You also need to be careful with the new 200 peso note....even though they are a different color than the 20s, it's an EZ mistake to give one out after few drinks.

    I change a 2000 peso note in the morning at my hotel (500 and 100s) for chump change... and keep it separate from my larger bills....

    also, I divide everything by 3 when figuring a bill after booze. (Exchange rate is 33. something)

    100 pesos is roughly $3USD
    500 pesos $15-16
    1000 pesos is $33

    Hope this helps......

    ps~ I don't keep coins....I give them to the kids in the street to get them out of my face.

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    Re: What Denominations

    What about just bringing like a hundred dollars in one dollar bills to use for smaller purchases , taxis , tipping,etc or are people just against using the U S dollar at all while there. It seems this might be the way to go if its a pain to get the smaller notes there.

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    Re: What Denominations

    Quote Originally Posted by Dr.Kush View Post
    What about just bringing like a hundred dollars in one dollar bills to use for smaller purchases , taxis , tipping,etc or are people just against using the U S dollar at all while there. It seems this might be the way to go if its a pain to get the smaller notes there.
    I alway bring down singles

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    Re: What Denominations

    Quote Originally Posted by Dr.Kush View Post
    What about just bringing like a hundred dollars in one dollar bills to use for smaller purchases , taxis , tipping,etc or are people just against using the U S dollar at all while there. It seems this might be the way to go if its a pain to get the smaller notes there.
    Don't do it. Just change to pesos, it's much easier.

    You'd have to carry all the ones. Besides, when buying a drink, 32 pesos is anywhere from a 32% to a 70% tip.

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    Re: What Denominations

    Quote Originally Posted by Dr.Kush View Post
    What about just bringing like a hundred dollars in one dollar bills to use for smaller purchases , taxis , tipping,etc or are people just against using the U S dollar at all while there. It seems this might be the way to go if its a pain to get the smaller notes there.
    Uhhhhh the DR aint the Bahamas....who take anything.

    Taxis from the airport like DOLLARS but the rule is PESOS. Get a bunch of 100 peso notes, those are "$3 dollar bills"

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    Re: What Denominations

    Quote Originally Posted by Dr.Kush View Post
    What about just bringing like a hundred dollars in one dollar bills to use for smaller purchases , taxis , tipping,etc or are people just against using the U S dollar at all while there. It seems this might be the way to go if its a pain to get the smaller notes there.
    You also give everyone you do business with down there a chance to mess with you if you use them to pay for anything.

    You can't get away from the pesos because that's what you'll get as change.

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    Re: What Denominations

    Also Kush if you have multiple bank accounts, look into which gives you the better rate... I found out (after i got back) that my WAMU account shitted on my citi account as far as the exchange rate i was gettin, not to mention fees (this i knew)... We're talking close to 34 to 33...

    Oh, and I've never gotten 2K pesos... that's a lot of money to get exchanged... I keep it 1K and below...

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    Re: What Denominations

    Quote Originally Posted by El Capitan View Post
    I usually start with 2000 peso notes. (I use those for dinner since that seems to be what I spend with drinks and tips)

    The 20 peso notes are old and ratty and many stores won't take them. (They give them as change though!) You also need to be careful with the new 200 peso note....even though they are a different color than the 20s, it's an EZ mistake to give one out after few drinks.

    I change a 2000 peso note in the morning at my hotel (500 and 100s) for chump change... and keep it separate from my larger bills....

    also, I divide everything by 3 when figuring a bill after booze. (Exchange rate is 33. something)

    100 pesos is roughly $3USD
    500 pesos $15-16
    1000 pesos is $33

    Hope this helps......

    ps~ I don't keep coins....I give them to the kids in the street to get them out of my face.
    Let me guess, your net income on last years taxes was about $140,000k How close was i?

    On my fixed income, i might have to dress up as a kid and get some of your coins to feed my mongering habit lol

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