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About this currency pair
Dominican Peso (DOP) — the currency of the Dominican Republic
The Dominican peso has been used in the Dominican Republic since the country’s modern monetary reforms of the mid-20th century. The Dominican Peso is used in Dominican Republic, where it appears in domestic prices, wages, banking, tourism, public fees and local contracts. Conversions are useful for tourism, remittances, import prices, regional trade and comparing local prices with USD or EUR benchmarks. The peso name reflects a Spanish monetary tradition still seen across several Latin American currencies.
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.