MONEY EXCHANGE
Expert Advice on Money Exchanging:
Currency exchange in Sosua: Money exchange in the Dominican Republic is always favorable for travelers, because of the big difference in regards to the US Dollar, Canadian Dollar, Euro, Yen, Pound and other foreign currencies. There are many places where money can be exchanged in Sosua, including the local Playero supermarket (with excellent, updated rates). All villas for rent in Sosua and Cabarete are paid in US dollars, mostly unaffected by currency fluctuations.
Recently, many money exchange guys standing in the corners were forced off the street and had to open an office because the police would not allow them to operate unregulated. Among the ones that give you the best rate in Sosua there`s Herbon, Domingo Ortiz, Josias and Winston. The rest will give you less for your money, with few exceptions.
EXCHANGE RATES
- US DOLLAR…………..53.10
- EURO………………….57.85
- CAN DOLLAR…………38.00
- POUND………………..67.55
- SWISS FRANC……….52.65
Fluctuations in the past years have driven the economy up and down, the dollar have been steady between 47-49 and the pound between 63-65; the Euro was kept around 56.65 and now has gone down to 59 pesos. One piece of advice you should follow at at times: AVOID EXCHANGING MONEY AT THE AIRPORTS. Their rate is the lowest, very disappointing.
Most travelers are paid too low a rate, to later find out the real deal in Sosua.Villa Rental guests always have the expert assistance of a concierge, so be sure to ask for advice if you`re not familiar with the town and need quick, sound advice. We use the rates published at Banco Santa Cruz, you can click on the banks below to see updated rates anytime.
TOP BANKS WITH ATM IN SOSUA
Scotiabank
Scotia is 10 mins away in Cabarete.
TOP CURRENCY EXCHANGE PLACES IN SOSUA
TOP FIVE MONEY EXCHANGE SPOTS IN SOSUA:
- Domingo Ortiz……….Pedro Clisante #11 El Batey, Sosua Tel. 829-298-3874
- Cambio Herbon………Pedro Clisante #13 El Batey, Sosua Tel. 809-571-3900
- Cambio Ortega………Calle Duarte #5 El Batey, Sosua Tel. 809-571-2990
- Supermercado Playero………Highway 5 El Batey, Sosua Tel. 809-571-1821
- Cambio Vimenca……………….Highway 5, El Batey, Sosua Tel. 809-571-3800
There`s a contact card in the villas for rent in Sosua containing information on these and other useful resources for visitors, so you can easily access the best information and expert advice while you`re in town.
Several banks also offer money exchange services, such as Banco Santa Cruz, Banco Popular, Banco Leon Banco Del Progreso and Scotiabank. Several ATMS are also a source of cash in Sosua, all linked to international and local banking networks.
Caribe Express ( in Charamicos and in the Batey POLA Supermarket ) and Vimenca in El Batey have the highest rates, though only on office hours. The office next to Pola closes at 10:00pm; Exchanging money after hours or on weekends will result in lower rates with street exchangers, take note.
