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Latin Times
Latin Times
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LatinTimes Staff Reporter

Dominican Peso Rallies 8.1% in 2026 as Santo Domingo Deepens Security Ties With Washington

Santo Domingo Washington D.C. DEA Haiti
DOMINICAN-THEME-MONEY
The Dominican currency 'pesos' banknotes and coins, on December 20, 2011 in Santo Domingo. Photo by ERIKA SANTELICES/AFP via Getty Images

The Dominican Republic's currency has strengthened 8.1% against the U.S. dollar since the end of 2025, the country's central bank confirmed this week — one of the sharpest currency gains anywhere in the Caribbean this year. According to figures the Banco Central de la República Dominicana (BCRD) published around Aug. 12, cited by Listín Diario, the bank attributes the shift mainly to a surge in dollar inflows rather than to deliberate market intervention. Daily trading data compiled by the Dominican tax authority (DGII) show the dollar opening January near 63 pesos and settling in the 58-peso range by early August — roughly a five-peso slide over seven months.

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