Currency.Wiki

1 US Dollar to Dominican Peso

Updated 4 seconds ago
Convert 1 USD:DOP
 USD =
    DOP
 US Dollar =  Dominican Pesos
Trending: $ exchange rates for the last 24 hours
  • USD/EUR 0.931637 0.00558700
  • USD/JPY 152.882071 4.50707143
  • USD/GBP 0.796890 0.00531200
  • USD/CHF 0.908848 0.04183300
  • USD/MXN 16.978219 -0.15328100
  • USD/INR 83.365499 0.36454900
  • USD/BRL 5.111800 0.14290000
  • USD/CNY 7.238100 0.04660000

USD/DOP exchange rate analysis over the past 90 days

US Dollar to Dominican Peso exchange rate: Over the last 90 days, the US Dollar weakened by -1.87% against the Dominican Peso, declining from RD$58.9406 to RD$57.8596 per US Dollar. This trend reflects the evolving economic dynamics between the United States and the Dominican Republic. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between United States and Dominican Republic.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between United States and Dominican Republic.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the United States or Dominican Republic.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the United States relative to the Dominican Republic.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

usd/dop Historical Chart

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

RD$
Dominican Peso Currency

Country: Dominican Republic

Symbol: RD$

ISO Code: DOP

Bank: Central Bank of the Dominican Republic

Interesting fact about Dominican Peso

The Dominican Peso (DOP) is the official currency of the Dominican Republic. It has been in circulation since 1844 when the country gained independence. The DOP is important for trade, tourism, and daily financial transactions within the country. It is regulated by the Central Bank of the Dominican Republic and has a stable exchange rate against the US Dollar.

Quick Conversion Guide

Frequently Asked Questions

+
The US Dollar to Dominican Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 USD to DOP is RD$57.86.
+
Yes, our site provides historical charts that show the trends and fluctuations in the US Dollar to Dominican Peso exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.