money exchange

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hammerdown

hammerdown

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Apr 29, 2005
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Luis Martes in Cabarete gives the best exchange anywhere, yesterday caribe express was 37.4 and he was giving 37.5.
He's located in a little shop, by the plaza commercial. All the exchange, taxi's, beach vendors and hotels use him to exchange because of his rates. He doesn't have any sign on the street, just a small office beside the guy that rents moto's.
He also cashes some cheques from the US.
 
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whirleybird

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Feb 27, 2006
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Totally agree regarding Luis as his rates are always a little better than everywhere else and he doesn't put a sign outside quoting his rate either so you have to seek him out in his office.
 
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citynights

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Jan 24, 2011
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believe me the rates are always better in sousa...I have been going there for awhile...thats why I was asking for the rates in sousa...but thankyou for giving the best rates in caberate...usually people mention the US rate...but I would like the CAD rate too so I can make informed buy in canada so just come down sousa & change it there...I am coming down in few weeks..so I f you find yourself in Sousa & changing money....ask both the US rate & CAD rate....;)
thankyou...
 
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Expat-in-Cabarete

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Jan 17, 2009
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citynights?

How much better is the exchange rate in Sosua and where? Please let us know. We may well consider a trip to Sosua to get better rates. I would definitely go if they give 40 pesos to the dollar!
 
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snowbird44

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Oct 29, 2004
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rellosk said:
Don't change money at the airport. Like most countries, the airport money exchanges charge a heafty vig. That is true for whatever currency you change.
Click to expand...

This was not an airport money exchange. It was the desk where you pay your departure tax at the gate before you board the plane. They had no choice, because they had only $CDN on them.
Some airlines have this tax included in their ticket, Sunwing doesn't, nor the $10 Tourist card.
 
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citynights

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Jan 24, 2011
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Expat-in-Cabarete said:
citynights?

How much better is the exchange rate in Sosua and where? Please let us know. We may well consider a trip to Sosua to get better rates. I would definitely go if they give 40 pesos to the dollar!
Click to expand...

every trip down I go caberate for a day or two....sousa always has a better rate...why I do not know...even it is only couple points to 5 points better...the supermaket in sousa is always the best or a close second ...myself I go to the money exchange at intersection Pedro Clisante & Duarte next door to the bar...whereever I go by money exchange I always ask todays rate...that is why in 8 trips I never exchanged any money in caberate...
 
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citynights

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Jan 24, 2011
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Looks like it is much better to buy your money at home this time around...
I can buy 1001 US at 996.20 CAD...
1 dollar CAD = 1.02280 USD = 38.18216 DOP
wally exchange 1 CAD = 37.000 DOP

a cost of around $31 CAD per 1000 CAD

back home its $27 CAD a wash almost..
 
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citynights

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Jan 24, 2011
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Malibook said:
How can it be much better and a wash almost?
Click to expand...

today I can buy 1000 US = 996.20 CAD

wallys rate today

1000 US = 37600 1 = 37.6
996.20 CAD = 36859.40 DOP 1 = 37
= 741 DOP = 19.71 US = 20.01 CAD



missed up in the math...I think I got it right this time...
I am saving 20.02 CAD

if I went to dr 37600 DOP would cost me 1016.21 CAD
 
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