US Exchange Rate

Feb 7, 2007
8,005
625
113
The BCRD rate for today is 55.47 / 56.08 today.

Strange that your exchange house has such a huge spread, exchange house I deal with in Higuey always works with 0.2 even 0.1 spread on my transactions.
 
Feb 7, 2007
8,005
625
113
A stable rate is important, not too low, not too high. A low dollar will cause problems for tourism which exports in USD/Euro (fewer pesos). Same as remittances, less pesos received for dollars exchanged. A balance needs to be between a high and low dollar, that balance was for the whole year 56.5 pesos per dollar and it was working well. We are now at a 54 pesos per dollar and it is becoming dangerous.
 

SantiagoDR

The "REAL" SantiagoDR
Jan 12, 2006
5,808
948
113
Friday morning - February 25, 2022 - Taveras in Santiago

54.00 Changing Dollars to Pesos