Average Room Prices
- Low —> US$20-70
- Mid —> US$70-150
- High —> US$150-300
- Deluxe —> US$300+
Average Meal Prices
- Low —> US$5-8
- Mid —> US$8-20
- High —>US$20-35
The Official Currency of the Dominican Republic is the Peso, which fluctuates freely against the US Dollar and other foreign currencies. The exchange rate current since early 2001 has been approximately in the order of 16.70 to 16.90 pesos per US $1 range. Paper currency is printed in denominations of 5, 10, 20, 50, 100, 500, 1000 and 2000 Peso notes. Coins are circulated in 1 and 5 Peso denominations (currently both coins and paper are circulated to represent 5 pesos). Coins of lesser denominations are currently minted and in circulation, but are generally not welcomed by businesses or informal vendors due to their low value. Most supermarkets and other business establishments either price their goods at an even number or round off the bill at the cash register.
Although some tourist establishments or street vendors accept US Dollars or other currencies, these are not legal tender in the country. Shops, supermarkets and other types of retail establishments do not accept any other currency than the Peso.