Thread: Money
View Single Post
  #1  
Old 02-03-2004, 04:34 PM
Joy Seeker Joy Seeker is offline
Bronze
 
Join Date: Feb 2004
Posts: 4
Joy Seeker Level 1 (10)
Default Money

I am visiting DR the second week in March. I have been reading about the exchange rate for the US dollar. It is trading today at 50 DR pesos to 1 US dollar. However, I have been reading reports that the exchange rate on the street is much better. Is it safe to deal with the black marketers? What is the black market rate? Where will I find a black market money changer? How much trouble can I get into with DR police if caught using a black marketer?

Should I bring American Express travels checks? Credit Cards? Or US Dollars?
Is it necessary to change US Dollars? Maybe DR businesses would prefer a hard currency, American Dollars over DR pesos? The DR peso is going down in value every day?

Should I change money at the Airport? Hotel? Bank? Or Black Marketer?
Reply With Quote