Convert Salvadoran Colón to Dominican Peso
Please provide values below to convert Salvadoran Colón [SVC] to Dominican Peso [DOP], or Convert Dominican Peso to Salvadoran Colón.
How to Convert Salvadoran Colón to Dominican Peso
1 SVC = 0.144808785272821 DOP
Example: convert 15 SVC to DOP:
15 SVC = 15 × 0.144808785272821 DOP = 2.17213177909231 DOP
Salvadoran Colón to Dominican Peso Conversion Table
| Salvadoran Colón | Dominican Peso |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.