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The currency is the Dominican Republic peso (DOP), divided into 100 centavos. Many of the hotels and restaurants in the main tourist destinations display their prices in US dollars as well as in Dominican Pesos, and some places will also accept Euros. The peso cannot be exchanged outside of the Dominican Republic. Major currencies can be converted into pesos at Central Bank approved bureaux; only 30 per cent of the pesos bought can be re-converted and this only if the original receipts are produced, so it is best not to buy more pesos than you are likely to need for your visit. Major credit cards are accepted everywhere, but a commission is usually charged. The best exchange rates are paid on US travellers cheques and secondly on US dollars cash and are best exchanged at exchange bureaux (casas de cambio). Banking hours are Monday to Friday from 8.30am to 5pm; some banks also open on Saturday. ATMs are widespread.
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