Thanks. I have already done so this week while the dollar is pretty close to par. Got $500 US for $515 CAN with the bank's fees added in there.... Not too bad.
- Thread starter Adrian Bye
- Start date
US Exchange Rate
Thanks. I have already done so this week while the dollar is pretty close to par. Got $500 US for $515 CAN with the bank's fees added in there.... Not too bad.
got 36.25 yesterday afternoon at Banca Barrican in El Cortecito/Bavaro.
the exchange $-RD$ is very stable since a long while.
the exchange $-RD$ is very stable since a long while.
Can we stick to posting actual exchange rates of HARD currency here please, not fantasy internet rates? I understand you think you are really getting RD37.04/USD...but most folks are more interested in the actual tasa paid at a local cambio.
Cool!
WOW....you got $37.04/USD, how far can we ammortize the $8 over, 100K or 250K USD for that rate? I will exchange 1M USD with you for that rate, what is your SWIFT number?
Please add a little something in the spread for yourself, I'll even take 36.75/USD on a yard.
Why are you posting the rate @ Caribe Express all of a sudden? Is $37.04 only good on your one or two $100 ATM transaction, could it be it becomes like $36.04 after 10 transactions? Puhlease Windguy you can not get $37.04 on moe than one or two transactions/month with the $8 gift.
You are a nice enough guy and post valuable info here but $37.04, I think not.
tambo'
that's the same we have over here on the East, too.
yesterday 36.30 at the Banca Barrican in El Cortecito.
as an own experience example for ATM's, i always take the rest of my CC's limit every month from an ATM in sweeps of 10.000.- each transaction.
last week i received as an exchange rate on that the following:
* taken per sweep: RD$ 10.000.- Pesos
* i used a international Master Card Credit Card
* i got taken for that on my German Euros Bank account per sweep:
** 207.11.- Euros
** shown exchange rate 48.28352 pesos per euro
** plus plus Foreign Country Cash taking Fee of 5.18 Euros
the exchange rate at the same Bank for transactions between Euros and US$ been at the same Day US$ 1.3563.- per Euro.
yes, the Euro is late very weak compared to the US$, not so long ago those transactions been nicely in my favor due a strong Euro.
so in reality i received per US$ only 33.1683 Pesos.
but keep in mind that i did not pay US$, it is the weak Euro which let's the exchange show little.
what i received for my Euros been more than a Banca would give me for cash Euros to exchange, and i do not need to pay additional money wire fees to send the money from my german account down here, no waiting for the transaction to arrive on my dominican account, no need to stay in line on the bank to withdraw the cash here on the bank and then bring it to a banca and exchange it in Pesos.
just a few minutes at a ATM to do 5 sweeps of 10.000.- Pesos each.
it would be much cheaper if the limit per transaction here at the ATM's would not be the low 10K per transaction, would save me 5.18.- Euros each 10.000.- Pesos.
are they all limited to the same or do you guys know about ATM's with higher limits per sweep?
Mike
yesterday 36.30 at the Banca Barrican in El Cortecito.
as an own experience example for ATM's, i always take the rest of my CC's limit every month from an ATM in sweeps of 10.000.- each transaction.
last week i received as an exchange rate on that the following:
* taken per sweep: RD$ 10.000.- Pesos
* i used a international Master Card Credit Card
* i got taken for that on my German Euros Bank account per sweep:
** 207.11.- Euros
** shown exchange rate 48.28352 pesos per euro
** plus plus Foreign Country Cash taking Fee of 5.18 Euros
the exchange rate at the same Bank for transactions between Euros and US$ been at the same Day US$ 1.3563.- per Euro.
yes, the Euro is late very weak compared to the US$, not so long ago those transactions been nicely in my favor due a strong Euro.
so in reality i received per US$ only 33.1683 Pesos.
but keep in mind that i did not pay US$, it is the weak Euro which let's the exchange show little.
what i received for my Euros been more than a Banca would give me for cash Euros to exchange, and i do not need to pay additional money wire fees to send the money from my german account down here, no waiting for the transaction to arrive on my dominican account, no need to stay in line on the bank to withdraw the cash here on the bank and then bring it to a banca and exchange it in Pesos.
just a few minutes at a ATM to do 5 sweeps of 10.000.- Pesos each.
it would be much cheaper if the limit per transaction here at the ATM's would not be the low 10K per transaction, would save me 5.18.- Euros each 10.000.- Pesos.
are they all limited to the same or do you guys know about ATM's with higher limits per sweep?
Mike
Mike, I am able to sweep almost any amount I choose at Banco Santa Cruz. (I have gone as high as 25,000, but I assume I could go higher if I wanted).
I pay a straight 1% service charge to my US bank.
But it's just paper anyway.
I pay a straight 1% service charge to my US bank.
But it's just paper anyway.
it means the euro is getting weaker at the moment... snikkkk(tears streaming out of my eyes... lol)
when I got here I got 53 pesos for the euro, now I'm lucky if I get 46...
and those damn americans and their lousy dollar is profiting.... damn you... damn you...
we will get our revenge... lol