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

[Tonto4]

Rate to 40.50/1 yesterday.

[snoozer]

Rate to 40.50/1 yesterday.

Where did you get this rate?

[Leche]

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

[Seville]

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.

[Tonto4]

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.

[Drjetman]

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.

[MrHappy]

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.

[Citynights]

Willys Exchange Caberate has at 40.04 DOP = 1 US dollar today...

[yayow]

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.

[Gutter Meat]

Oanda has it at 39.9.

http://www.oanda.com/

[MrHappy]

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?

[yayow]

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.

[MrHappy]

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.

[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.

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.

[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.

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.

[Westy]

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.

[Apos]

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!

[MrHappy]

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

[Apos]

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

"otro monedas convertible"

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

[Count]

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