Convert Euro to Dominican Peso
Please provide values below to convert Euro [EUR] to Dominican Peso [DOP], or Convert Dominican Peso to Euro.
How to Convert Euro to Dominican Peso
1 EUR = 0.014129011946778 DOP
Example: convert 15 EUR to DOP:
15 EUR = 15 × 0.014129011946778 DOP = 0.21193517920167 DOP
Euro to Dominican Peso Conversion Table
| Euro | Dominican Peso |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.