Dollar rate in the Dominican Republic: Financial day details
The Central Bank of the Dominican Republic has released the official reference values for foreign currency exchange for this Friday, August 21. The figures reflect the behavior of the exchange market in both traditional banking entities and remittance agents.
Behavior in financial institutions
At the end of the day, the US dollar was positioned in financial institutions with a purchase rate of RD$57.17 and a sale rate of RD$59.71. When performing a comparative analysis with the records obtained a month ago, when the figures stood at RD$57.28 for purchase and RD$60.04 for sale, an appreciation of the local currency of 0.18% in the purchase and 0.56% in the sale is observed.
Quotes at Remittance and Exchange Agents
On the other hand, remittance and exchange agents presented tighter market conditions, offering a narrower operating margin for users. The recorded figures were:
- Purchase rate: RD$58.23
- Selling rate: RD$59.31
When contrasting these values with the previous month, where the purchase price stood at RD$58.17 and the sale price at RD$59.28, the Dominican peso showed a slight monthly variation, reflecting a depreciation of -0.11% in the purchase price and -0.06% in the sale price.
This data, provided by Alofoke Deportes, serves as a reference for citizens and business owners who conduct transactions in foreign currency, allowing them to visualize the stability and recent movements of the Dominican peso against the US dollar.
