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Dominican Republic Currency Pt 1
Dominican Republic Currency Pt 2

Banks and banking hours

There are over 1,600 automatic teller machines (ATMs) located nationwide. Banking hours are usually 8:30am to 3pm, Monday through Friday. Some bank branches (primarily in shopping malls or supermarkets) remain open longer.

If you do decide to take money from a credit card think about entering a bank to do this just to be on the safe side. Although I have always felt safe in the DR it is wise to exercise caution and use the machine inside the bank. Don`t forget to take your passport with you when doing any bank transaction

Security

Alaways use the safe in your hotel use it. Don't carry all your cash and documents on you. When you do exchange money make sure you put it away before going into the street.

The Peso

The peso oro is the currency of the Dominican Republic. Its symbol is "$", with "RD$" used when distinction from other pesos (or dollars) is required.

Each peso is divided into 100 centavos, for which the symbol is used.

If requiring change, the smallest coin you will normally receive is 1 peso (in the form of a coin).

Many establishments will NOT take bills that are torn or in very bad shape so when you receive money do make sure it is in decent shape.

Dominican Republic currency

US dollars are the most easily exchangeable foreign currency into the local Dominican Republic currency, Dominican Pesos (RD). In a lot of the tourism destinations in the country, many of the hotels, restaurants and businesses indicate their prices in US dollars as well as in Dominican Pesos.