Historical Exchange Rates
Historically, since the first monetary emission in 1948, the peso was worth about the same as a United States dollar.
The exchange rate for U.S. dollar vs. Dominican peso over the last few decades is as follows:
- 1984 $US 1 to RD$ 1.45
- 1993 $US 1 to RD$ 5.00
- 1998 $US 1 to RD$ 8.00
- 2002 $US 1 to RD$ 20.00
- 2003 $US 1 to RD$ 37.50
- 2004 $US 1 to RD$ 41.70
- 2006 $US 1 to RD$ 32.00
- 2007 $US 1 to RD$ 35.29
- 2008 $US 1 to RD$ 34.90
- 2009 $US 1 to RD$ 36.00
In 2004 the peso dramatically plummeted; a single US dollar was worth almost RD$60.00.
Since 2004 the peso has reached a more stable rate of RD$35–39 pesos to 1 U.S. dollar. As of December 2011, there were some RD$50.44 pesos to the euro, or around RD$38.50 pesos to the U.S. dollar.
| Current DOP exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
| From OANDA.com: | AUD CAD CHF EUR GBP HKD JPY USD |
| From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD |
Read more about this topic: Dominican Peso
Famous quotes containing the words historical, exchange and/or rates:
“What is the historical function of Parliament in this country? It is to prevent the Government from governing.”
—George Bernard Shaw (18561950)
“I can exchange opinion with any neighbouring mind,
I have as healthy flesh and blood as any rhymers had,
But O! my Heart could bear no more when the upland caught the wind;
I ran, I ran, from my loves side because my Heart went mad.”
—William Butler Yeats (18651939)
“[The] elderly and timid single gentleman in Paris ... never drove down the Champs Elysees without expecting an accident, and commonly witnessing one; or found himself in the neighborhood of an official without calculating the chances of a bomb. So long as the rates of progress held good, these bombs would double in force and number every ten years.”
—Henry Brooks Adams (18381918)