Convert Dominican Peso to Brazilian Real
Please provide values below to convert Dominican Peso [DOP] to Brazilian Real [BRL], or Convert Brazilian Real to Dominican Peso.
How to Convert Dominican Peso to Brazilian Real
1 DOP = 10.840847853422 BRL
Example: convert 15 DOP to BRL:
15 DOP = 15 × 10.840847853422 BRL = 162.612717801329 BRL
Dominican Peso to Brazilian Real Conversion Table
| Dominican Peso | Brazilian Real |
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.