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Thread: WARNING THE DOLLAR FOR THE PESO IS 27 AS OF FEB 6!!!!!!!!!!!

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    WARNING THE DOLLAR FOR THE PESO IS 27 AS OF FEB 6!!!!!!!!!!!

    :shock: :shock: :shock: The dollar needs to go up in dr it needs to be as least 45 like last year around this time. Any who just came back from dr how many are they giving you for one dollar down there?

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    Re: WARNING THE DOLLAR FOR THE PESO IS 27 AS OF FEB 6!!!!!!!

    Quote Originally Posted by ronaldo
    :shock: :shock: :shock: The dollar needs to go up in dr it needs to be as least 45 like last year around this time. Any who just came back from dr how many are they giving you for one dollar down there?
    I don't think it matters so much whether the peso is 27 or 57 to the USD if the prices adjust accordingly. But ofcourse they have not. The peso is quite strong against the dollar yet the peso price for things is even higher now than when the peso was more than 50:1. It should be the reverse but is being artificially manipulated by the government.

    January 2004 a drink on the beach was about 35 pesos or $0.70 USD and January 2005 the same drink was 45 pesos or about or $1.50 USD. If the prices fluctuated with the currency the USD equivalent should be about the same adjusted for factors such as inflation.

    Why don't we just pay the girls in USD and let them worry about cambio? $ay $20-25 for ST and $30-40 for TLN anf fuck the peso?
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    You are right we should pay them in dollars that makes sense.

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    Quote Originally Posted by ronaldo
    You are right we should pay them in dollars that makes sense.
    I think so but now we have to convince them!

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    Quote Originally Posted by ronaldo
    You are right we should pay them in dollars that makes sense.
    Never, that would lock in prices.



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    YOU ARE RIGHT JIMMY NEVER PAY THEM IN DOLLARS

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    Quote Originally Posted by Lechero
    DO NOT USE DOLLARS to pay for chicas!
    It is a huge mistake. Just pay them with less Pesos.

    BTW: The Peso is always lower Friday night through Sunday night.
    It will be higher Monday morning.
    Stop panicking.
    Why not in dollars? Please explain!

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    Why not in Dollars, well if short time is $15 then its always going to be $15 and who knows where they convert their money. If we pay say 500 pesos and the Dollar gets stronger, we pay less.

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    Quote Originally Posted by Jimmydr
    Why not in Dollars, well if short time is $15 then its always going to be $15 and who knows where they convert their money. If we pay say 500 pesos and the Dollar gets stronger, we pay less.
    Fine but are we not paying about the same in $$$ now as a year ago?

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    Quote Originally Posted by Apostropheman
    Quote Originally Posted by Jimmydr
    Why not in Dollars, well if short time is $15 then its always going to be $15 and who knows where they convert their money. If we pay say 500 pesos and the Dollar gets stronger, we pay less.
    Fine but are we not paying about the same in $$$ now as a year ago?
    Things have never been so fucked up. The peso went from 20-50 in a year then 50 to 27 in a month. It will adjust.

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    Quote Originally Posted by Jimmydr
    Quote Originally Posted by Apostropheman
    Quote Originally Posted by Jimmydr
    Why not in Dollars, well if short time is $15 then its always going to be $15 and who knows where they convert their money. If we pay say 500 pesos and the Dollar gets stronger, we pay less.
    Fine but are we not paying about the same in $$$ now as a year ago?
    Things have never been so fucked up. The peso went from 20-50 in a year then 50 to 27 in a month. It will adjust.
    Everyone was predicting that it was going to adjust to about 35 to 1 by now and it hasnt ... so when Doctor Jimmy?
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    I have adjusted what I am paying for ST. $17-$18. So I am happy.
    Hotels are in Dollars so they are the same. The biggest thieves are the taxis. $20 from POP to Sosua.

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    Absolutely, the taxis are way too expensive for the trip from thet airport to sosua. I returned on saturday and the guys on the street were selling pesos for 28 to 28.5 per USD.

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    I just returned yesterday and the best I got while down there (Sosua) was 28.8 from Mapello.

    When I arrived on Wednesday, Diego at the Europa was giving 27.6 and the bank at the airport was at 28.

    Cabarete was at 27 most of the time. In Las Terrenas, it was at 28 for 2 days when I was there on Thursday and Friday.

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    Thanks Lechero, It was good to meet someone who knows what is going on in Sosua, I came back Saturday night. I paid 500 pesos.I will finish my report once I get used to the weather here in Toronto. I am goign through withdrawal right now.
    Actually the best rate in changing money I got was 38.2 to the USD. It was a guy on the street who was new and confused about about changing money. I tried to help but my lack of spanish actually paid off here. I think he didn't undersatnd the differnce between the euro and USD.

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    The rates did seem to be going up, you do get less on the weekends as there are no banks open. Since you are in a tourist town, you also pay a discount. You would have to go to PP or Santiago to get he higher rates. I found last year, when I stayed in Costamber I could only get 48 per USD, but by making the trip to PP I got 52- 55.

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    Forgive my constant comparisons between DR and Costa Rica. I've not yet been to DR but, in CR the debate is ongoing among hobbyists. Pay the girls in local currency. It's pretty simple to me. As JDR says, we pay in dollars we lock in the price. Trust me, the girls would prefer dollars (at least the CR girls). I have no reason to believe DR girls would be any different.

    They are independent business people. They may not have a higher education but they can do conversions faster than any calculator I have ever owned. :shock:

    dapanz1

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