Dollar rate in the Dominican Republic? Central Bank updates rate until April 21st

The Central Bank of the Dominican Republic (BCRD) has informed that the weighted average exchange rates of the US dollar, as of April 16, 2025, stand at RD$59.5460 for purchase and RD$59.8289 for sale. These rates will serve as a reference for exchange operations until Monday, April 21, 2025, by Article 59b of the Exchange Regulation of the Monetary and Financial Law No. 183-02.

According to the statement issued by the BCRD, these values represent an appreciation of the Dominican peso of 2.3% on the purchase side and 2.5% on the sale side, as compared to the levels observed at the close of 2024. The monetary authority attributes this strengthening of the national currency to the confidence in the country’s economic performance and the effectiveness of financial policies that have favored exchange rate stability, despite a challenging international environment.

The institution also highlighted that transactions have been registered in the wholesale market at around RD$59.50 per dollar, reflecting a favorable trend which, according to the Central Bank, improves the purchasing power of households and companies operating in local currency.

In addition, the Dominican peso is currently positioned as the fifth most appreciated currency against the US dollar in Latin America so far in 2025, an indicator that reinforces macroeconomic stability and the markets’ positive perception of the national economy.

It is worth noting that, according to the Eleventh Resolution of the Monetary Board of August 14, 2003, the spot market purchase rate must be used for the daily revaluation of assets and liabilities in foreign currency.