Punta Cana Currency & Money Exchange

Punta Cana currency


When traveling outside of their home country, most visitors often worry and are curious about foreign currency. You may be asking yourself questions such as: What kind of currency is accepted in this region?, Where will I be able to exchange my own money for the accepted currency?, and What type of credit and debit cards will be accepted in this country? Each of these questions is valid and should be answered prior to undertaking the trip.

Here we will provide some tips to help answer these questions for travelers planning their trip to the Punta Cana, Dominican Republic region.
money exchange in punta cana

What Currency Is Used In Punta Cana?

The official currency of the country is the Dominican Peso (DOP). However, because Punta Cana is a hot spot for international tourism most shops, hotels, excursion companies and restaurants accept US dollars and Euros. In fact many visitors go about their trips without ever using any other currency than the US dollar, but it is advisable that each member of your party has some Dominican currency in his or her wallet, also. The value of the DOP typically hovers between 40 to 45 Pesos per US dollar.

Should I Bring Cash Or Exchange Once I Arrive?

punta cana atmTravelers can bring foreign currency with them to Punta Cana, rather than exchanging it prior to their visit. If you prefer it, you can bring the money in cash and exchanging it at the desk of the hotel or at the bank or exchange houses located in Punta Cana, rather than exchanging through your credit or debit card. But of course you can also use ATM machines located at most hotels and throughout Punta Cana.

Though most banks will accommodate your desires to pull out pesos from your bank account, you may find it to be more difficult in some parts of Punta Cana where there are no ATMs, and you should be aware some banks have a limit to the amount of money you can withdraw in a day or in a single transaction. Travelers should bring plenty of small dollar bills in order to leave tips and exchange small amounts of cash.

What Credit And Traveler’s Cards Are Accepted?

credit card accepted in punta canaAlmost all of the major Punta Cana hotels and resorts will accept American Express, Diner’s Club, Airline Rewards, and other cards. Visa and Mastercard are accepted almost everywhere.

Most travelers do not experience any problems paying with their credit cards. It will be important to remember, however, that some shops and small restaurants may only accept cash as a form of payment.

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Dominican Republic Current Bills and Coins

punta cana currency  

Money Travel Tips

  • Try not to exchange your money into the largest bill (2,000) for many small businesses refuse to accept them. This is because the 2,000 pesos bill is the most forged bill in the Dominican Republic.
  • Try to keep your money in bills as much as you can. Loose change is spent faster and lost easier than bills.
  • Try to exchange your money into the smaller bills (50, 100, 200 and 500) for most places will claim they don’t have enough change to give back. This will force you either to walk away empty handed or to forfeit some of your change to the cashier.

 

What is There to Do in Punta Cana?



The Guerra Brothers

18 thoughts on “Punta Cana Currency & Money Exchange

  1. john says:

    Hiya there,am coming to Dominican republic from the uk next week, am a best to bring British pound sterling the peso in the uk is 53 to a pound and the usd is 1.20. are the rate better there to exchange. p.s what the best dolphin park where staying in Punta cana thanks John 🙂

    • The Guerra Brothers says:

      Hi John, DO NOT bring British pounds since it will not be possible to exchange in many places and if you find a place willing to exchange it will not be at the best rate possible for you. Bring USD, the current rate is about 47 pesos per dollar. Sorry but we don’t recommend dolphin parks since none, even the best, offer a decent environment for the animals and we don’t refer business to them.

      Have a nice time in DR! 🙂

  2. DIANE says:

    I am traveling to Punta Cana for the first time. What would you recommend as a feasible tipping when dining. Would you recommend using U.S currency or peso?

    • The Guerra Brothers says:

      Personally I go with about 10% of the check, if the check is less than $20 I try to leave at least $2 as a tip even if it’s more than 10%. You can tip both on Pesos and in dollars. In pesos, about RD$200 would be ok on a 1,000 – 2,000 tab. You can go higher if you choose to and if the service was very good.

    • The Guerra Brothers says:

      I’d recommend not going out at night all by yourself and use trust worthy transportation (e.g. taxis called from the hotel). There are no really dangerous places in Punta Cana so just use the same caution you would back home.

  3. Anonymous says:

    i am traveling to Punta Cana April 30th-May7th,

    in regards to currency, do restaurants only accept US dollars? or can you pay with pesos? are prices in US and Pesos? is it cheaper to pay with pesos, or will they match the exchange rate?

    also I’m looking to do some fishing while I’m in Punta Cana. from the pictures I’ve seen there are lots of local fishing boats docked off the shore. is it common practice to negotiate a price with the local fisherman instead of booking through an expensive deep sea excusion? will the local fisherman take you to the reefs for a smaller fee?

    thank you!

    • The Guerra Brothers says:

      Punta Cana is the most touristic area in the country and the dollar is widely accepted in all major stores, plazas, malls, restaurants, etc. Most places will have their prices in both dollars and pesos, I recommend paying in dollars when you see a price listed in dollars and paying in pesos when the prices are only listed in pesos. Avoid paying with dollars when prices are listed in pesos since the change given back to you will be in pesos and calculated at a very unfavorable rate to to you.

      Tourism is very organized here in the DR and tourists are very jealously looked after. Licenses and insurance policies are needed to transport tourists anywhere which is why I doubt you’d be able to pay a local fisherman to take you fishing and my advice is to pay extra for all the security that a tour company offers. You can try to go with a local fisherman but I think the risks outweigh the advantages.

      Hope this helps!

  4. Anonymous says:

    i am coming to Punta Cana for the first time. What is a good amount of money to bring? i will be shopping but also staying at a resort.

  5. Steve says:

    A full day dune buggy excursion with Charly is a great way to see the real Punta Cana. Its beauty and it’s poverty.

  6. Myriam says:

    I am interested in a cultural tour while visiting Punta Cana what is the best for this? Do you have the contact information? Thank you
    Also want to go to Isla Soana who do you recommend for this?

  7. Pingback: Punta Cana Information - Useful Insider Tips by Punta Cana Locals

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