Money Conversion Question

canbon

New member
Apr 28, 2006
210
0
0
Is it better to convert US Travellers cheques, US cash or Canadian cash into pesos when in the DR (or does it matter)? Thanks.
 

planner

.............. ?
Sep 23, 2002
4,409
26
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YOu will get a better exchange rate on US money then on Canadian money. IN almost all cases exchange your canadian for US money. The exception to this is if you use your bank card at the ATM machines. You withdraw pesos and get the exchange rate your bank offers, but you pay a fee to withdraw the money so factor that in.

Easiest: bring US money or travellers cheques
 

Bob K

Silver
Aug 16, 2004
2,520
121
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Some places will charge you a small fee if using traverlers checks as opposed to cash.

Bob K