Euro to Dominican Peso — exchange rate

The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.

Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.

The Dominican peso (RD$) is the currency spread and issued only in the Dominican Republic. It is also known as the “golden peso”. In the international arena, it is simply called DOP.

Change for the Dominican peso is centavo. Ever DOP has 100 centavos. The coins are also known as the “golden centavos”. The currency has been issued since 1947. However, the first attempt to establish the currency dates back to 1844 and is connected to the country gaining independence from Haiti. Lately, some notes have been printed on a special polymer paper. It protects notes from damage in high temperatures and humidity.