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

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

    Rate to 40.50/1 yesterday.

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

    Quote Originally Posted by Tonto4 View Post
    Rate to 40.50/1 yesterday.
    Where did you get this rate?

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

    Quote Originally Posted by Tonto4 View Post
    Rate to 40.50/1 yesterday.
    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. LOL

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

    Quote Originally Posted by Leche View Post
    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. LOL
    Most things are negotiable.
    Enjoy it while you can.

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

    Quote Originally Posted by snoozer View Post
    Where did you get this rate?
    New York Times last Saturday. I rechecked and it is actually 40.05, notable only that it had finally crossed 40.

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

    Quote Originally Posted by Tonto4 View Post
    New York Times last Saturday. I rechecked and it is actually 40.05, notable only that it had finally crossed 40.
    The over 40 rate has been posted on dr1 for the past 3 or 4 weeks as well.
    SouthCoast

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

    Quote Originally Posted by Drjetman View Post
    The over 40 rate has been posted on dr1 for the past 3 or 4 weeks as well.

    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.
    If you think it's love try not paying in the morning..

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

    Willys Exchange Caberate has at 40.04 DOP = 1 US dollar today...
    Just another monger!!
    BBCode

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

    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.
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    Re: 10/2004 - Current rate of exchange (Current Info)

    Oanda has it at 39.9.

    http://www.oanda.com/

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

    Quote Originally Posted by yayow View Post
    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.
    The exchange rate has been going up a couple of cents on almost a daily basis since 2009.........

    Again.. You guys are talking about Dominican pennies, when a Dominican PESO is worth about 2 cents. Doesn't make much sense, does it?

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

    Quote Originally Posted by MrHappy View Post
    The exchange rate has been going up a couple of cents on almost a daily basis since 2009.........

    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.

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

    Quote Originally Posted by yayow View Post
    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.

    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.

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

    Quote Originally Posted by MrHappy View Post
    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.

    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.

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

    Quote Originally Posted by yayow View Post
    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.

    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.

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

    Quote Originally Posted by yayow View Post
    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.
    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 ...

    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.
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    Thumbs Up Re: 10/2004 - Current rate of exchange (Current Info)

    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!
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    Re: 10/2004 - Current rate of exchange (Current Info)

    Quote Originally Posted by Siochana View Post
    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"

    http://bancocentral.gov.do/estadisti...cado_Cambiario

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

    Are these also essentially what's used on the street at the cambios?

    Quote Originally Posted by MrHappy View Post

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

    I always use www.xe.com to check rates. On the ground, they are very close.

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