US Exchange Rate

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
yesss, CCCCCCC.
i bring USD in cash and exchange them into DR Pesos in cash, that's right.

Mike

btw, on friday, before yesterday, been still the same excjange rate at the same place, 43.15.- pesos per USD
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
Good times ahead for us pensioners!!!!!!!

no, nothing better/good, the way the Pesos value degreases, the same proportion all items rise their prices to be paid in pesos.
and at the same time the purchasing power of people who earn salaries in pesos goes downhill, and very fast and steep.
CCCCCCCCC,
i have 2 Vimenca offices near my usual route here on the east, once in a while i use one of them, in Veron, when i need to exchange small amounts of a few hundred dollars quickly, as my fav exchange booth is up in Bavaro and closing early. both Vimenca offices here on the East do have bad exchange rates, i use Vimenca just if there's no other way available.
will see where it stands tomorrow, have to change again. it's monday, i hope the fuel price doesn't show an other big rise again.

Mike
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
no changes here on the East for the start in the new week.
fuel stations on last week's prices and the exchange rate received at the Banca en Plaza de Brizas de Bavaro been the same last week's 43.15.- pesos per USD.

Mike
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
also a light drop here on the east.
before yesterday/wednesday early morningi received just 43.10.- at the Banca en Plaza de Brizas.
maybe it dropped even more yesterday, but did not check yesterday.

Mike
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
Gas Stations and Colmados and such are of course always on the worst exchange rates, the same for supermarkets.
but needed when a small amount has to be changed, as thats not worth to spend time and fuel on a ride to a better place, or in the evenings, when no other exchange places are open

Mike
 

Bob K

Silver
Aug 16, 2004
2,520
121
63
Actually both markets in the area (playero in Sosua and Janets in Cabarete) give a very good exchange rate.

Bob K
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
looks like they really press it downwards(or better say artificially lift the pesos value up) now.
i did not exchange myself, but a friend of mine exchanging at the same booth in Plaza de Brizas in Bavaro where i always exchange, just told me he received yesterday only 42.80.- pesos per USD.
BobK, good to hear that there are some who give fair rates. here in the punta cana area and in higuey the Gas Stations and Supermarkets are always more than a full Peso below the exchange rate of the banks and exchange booths.

Mike
 

MikeFisher

The Fisherman/Weather Mod
Feb 28, 2006
13,896
2,486
113
Punta Cana/DR
www.mikefisher.fun
did a exchange quicky early afternooon today, as i was nearby i used the BHD bank at Plaza San Juan inPC, as BHD gives more for the buck than the neighboured Banco Popular.
42.80.-?per USD
so i guess it already picked up a bit again, as my usual exchange booth at Plaza de Brizas is always above the BHD rate by 0.10-0.20.-
on monday i have to change a larger amount, will do so at my Banca at Plaza de Brizas, i await it to be back on 43.00.- at least after the weekend.

MIke