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Compare today's DOP to HTG (Dominican Peso to Haitian Gourde) exchange rates

Dominican Republic
Haiti
DOP

πŸ“ˆ Dominican Republic to Haiti Money Transfer Snapshot Today

  • Number of money transfer providers compared: 0
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real DOP to HTG exchange rate before providers add their margin or fees. exchange rate: 1 DOP = HTG 2.1360 (Updated about an hour ago)


πŸ’‘What today's DOP-HTG exchange rates mean for you

Compare today's DOP-HTG exchange rates and send money from Dominican Republic to Haiti after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes β€” all in one place.

DOP-HTG exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final HTG payout that your recipient gets in Haiti.

That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Dominican Republic to Haiti remittances.


πŸ”„ Looking for the reverse corridor? Send money from Haiti to Dominican Republic instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Dominican Republic.


πŸ‘‡ We also suggest looking beyond today's DOP-HTG exchange rate β€” historical pricing trends show many factors that can affect the overall transfer cost of your transfer.

Whilst DOP-HTG exchange rate is crucial, historical data shows that transfer fees, DOP amount sent and payment and delivery methods can also significantly influence your final payout.

Below, we analyze Dominican Republic to Haiti historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your HTG payout.



Data-driven cost insights for Dominican Republic to Haiti money transfers

When you send money internationally from Dominican Republic to Haiti, the key factors that will influence the overall cost of your transaction are:

  • DOP-HTG exchange rate
  • Transfer fee
  • Payment method
  • Delivery method

Ideally, you would want to optimize these 4 factors to try to get the maximum HTG payout for your overseas recipient in Haiti.

Another counter-balancing aspect is money transfer speed. If you need to rush money from Dominican Republic to Haiti, you may have to compromise on some of the above factors whilst optimizing for speed.

To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Dominican Republic to Haiti money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.

This analysis is based on 60 actual Dominican Republic to Haiti money transfers handled by 3 providers over the last 5 years (for a DOP 200 remittance benchmark).

This data-driven approach using real DOP-HTG transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.

Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.


πŸ“Œ Key insights for Dominican Republic to Haiti money transfers

  • Average total cost: 7.40% (range 2.05% to 13.66%, spread 11.61 percentage points)
  • Potential payout difference: On a DOP 200 transfer, the above variation can save you up to DOP 23.22.
  • Average FX markup: 1.36% (range -1.75%β“˜A negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 7.74%, spread 9.49 percentage points)
  • Average transfer fee: DOP 333.55 (range DOP 6.00 to DOP 920.00)
  • Cheapest payment/delivery method combo: Cash β†’ Cash Pickup (7.40% avg cost)
  • Market coverage: ~3 providers on average (competition level: limited)
  • Average speed: About 3 hours

πŸ› οΈ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.

Below, we provide detailed data-driven insights on various factors that influence the total cost of your Dominican Republic to Haiti money transfers.


πŸ“ˆ DOP to HTG exchange rate is often the biggest driver of both cost and payout

The exchange rate on your Dominican Republic to Haiti money transfers is usually the single biggest factor that will determine your overall DOP cost and your recipient's HTG payout.

To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real DOP to HTG exchange rate before providers add their margin or fees. and the exchange rate you receive.

Based on historical pricing data for a DOP 200 money transfer benchmark, we see the following FX markup ranges for Dominican Peso to Haiti transfers:

  • Average markup: 1.36%
  • Median markup: 0.79%
  • Lowest markup: -1.75%β“˜A negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts.
  • Highest markup: 7.74%

That is a spread of 9.49 percentage points between the lowest and highest observed FX markups.

To put this into perspective, on a DOP 200 transfer, the above markup range is equivalent to roughly HTG 18.98 purely from differences in the exchange rate. That incremental saving increases to HTG 47.45 for a DOP 500 transfer.

πŸ› οΈ How to use this insight: When comparing providers for Dominican Republic to Haiti remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.

DOP to HTG exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.


πŸ’° Transfer fees affect your total Dominican Republic to Haiti remittance cost

Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Dominican Peso reaches your recipient in Haiti.

Based on data from last 5 years, we notice the below about Dominican Peso to Haiti money transfer fees:

  • Average fee: DOP 333.55
  • Median fee: DOP 435.00
  • Lowest fee: DOP 6.00
  • Highest fee: DOP 920.00

The average fee amount of DOP 333.55 noted above represents 166.78% of the total amount sent.

Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by DOP 914.00.

πŸ› οΈ How to use this insight: For your next money transfer from Dominican Republic to Haitian Gourde, look for providers that provide lower (or even 0) fees.

One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.

Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.


πŸ’Έ Payment and delivery methods matter for DOP-HTG remittances

Based on our detailed analysis of historical Dominican Republic to Haiti data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.

Here is the average cost for popular payment methods used to send money to Haiti from Dominican Republic:

  • Cash: 7.40%

Here is the average cost of popular delivery methods used to send money from Dominican Republic to Haiti:

  • Cash Pickup: 7.40%

As you can imagine, the possible combinations of Dominican Republic payment methods and Haiti delivery methods will all have disparate cost. Let us look at that next.


Here is a summary of the average cost of payment and delivery method combinations for Dominican Republic to HTG money transfers.


Payment MethodDelivery Method Average Cost (%)
CashCash Pickup7.40

Sorted by Average Cost % (cheapest to most expensive).


Here is a quick summary of the average historical cost of various payment and delivery methods for DOP to Haiti money transfers.

πŸ’Έ Cheapest payment and delivery methods (data-backed)

  • Cheapest payment method: Cash averaged 7.40%.
  • Cheapest delivery method: Cash Pickup averaged 7.40%.
  • Cheapest combo: Cash β†’ Cash Pickup averaged 7.40%.

πŸ› οΈ How to use this insight: As you compare money transfer providers for your next Dominican Republic to Haiti international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.

This can help you avoid the pitfall of "great exchange rate, expensive methods".

You can save money on your Dominican Republic to Haiti remittances by carefully choosing the most economical payment and delivery methods.



πŸ“Š Does sending more money reduce the cost of DOP-HTG money transfers?

To see if transfer cost varies based on the amount sent, we compared the average cost of sending DOP 200 vs DOP 500 from Dominican Republic to Haiti.

We found that sending a higher amount (DOP 500) tends to be cheaper - average cost drops from 7.40% to 7.26%, a reduction of 0.14 percentage points.

The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.

πŸ› οΈ How to use this insight: Since it is generally cheaper to send higher Dominican Peso amounts to Haiti, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.


πŸ› How competitive is the Dominican Republic to Haiti remittance market?

Based on data from the last 5 years, DOP-HTG money transfers are provided on an average by 3 remittance companies. With around 3 providers serving this market, we consider the level of competition to be limited.

A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Dominican Republic to Haiti remittances.


⏱️ How fast are DOP-HTG money transfers?

If your recipient in Haiti needs funds urgently, you may need to optimize your transfer for speed.

Here is what we see for Dominican Republic to Haiti transfers when it comes to processing time:

  • Average transfer time: About 3 hours.
  • Fastest transfer time: About less than 1 hour.
  • Slowest transfer time: About 12 hours.
  • Average speed at DOP 200: About 3 hours.
  • Average speed at DOP 500: About 3 hours.

πŸ› οΈ How to use this insight: If you need to send money from Dominican Republic to Haiti in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Haiti.

Dominican Republic to Haiti transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.


Frequently Asked Questions about Dominican Republic to Haiti money transfers

These FAQs use data from RemitFinder's historical analysis of Dominican Republic to Haiti money transfers over several years.


What factors affect the total cost of sending money from Dominican Republic to Haiti?

The total cost of your DOP-HTG money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.

To avoid overpaying for your transfer, compare money transfer providers.


How much does the exchange rate affect Dominican Republic to Haiti transfers?

Historical DOP to HTG exchange rate markup ranges from -1.75% to 7.74%, a spread of 9.49 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.


Can DOP-HTG exchange rate markup be negative?

Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative DOP-HTG exchange rate markup.

Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.


Is the exchange rate or the transfer fee more important for Dominican Republic to Haiti transfers?

Exchange rate markup ranges from -1.75% to 7.74% (a spread of 9.49 percentage points).

Transfer fees range from DOP 6.00 to DOP 920.00, which equals roughly 457.00% on a DOP 200.00 transfer.

At both DOP 200.00 and DOP 500.00, the transfer fee shows larger variation than the other component.

Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Dominican Republic to Haiti transfers.

As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger DOP amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.

For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most HTG for your DOP.


How much can Dominican Republic to Haiti transfer costs vary between providers?

Historical transfer cost ranges from 2.05% to 13.66% for DOP transfers to Haiti. That is a spread of 11.61 percentage points, meaning significant differences between various money transfer providers.

A major contributor to this variation is exchange rate markup. FX markup alone ranges from -1.75% to 7.74% (a spread of 9.49 percentage points). Thus, even small differences in FX margin can have a big impact on the final HTG payout.


Why do various money transfer providers price DOP to Haiti transfers differently?

If you send the same Dominican Peso amount to Haiti via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.

Even small differences among all the above factors can change the final HTG payout in Haiti in a big way.


How stable are transfer costs in the Dominican Republic to Haiti corridor?

When we analyzed the historical total cost for DOP-HTG transfers, we observed a range from 2.05% to 13.66% (11.61 percentage points difference), along with a variability (standard deviation) of 2.21%.

A major driver of cost in this market is exchange rate markup. FX markup ranges from -1.75% to 7.74% (9.49 percentage points difference), with a standard deviation of 1.81%. Fees and payment/delivery method choices can contribute to further volatility.

This is exactly why we recommend comparing money transfer providers to get the most of your DOP-HTG transfers.


What is the cheapest way to send money from Dominican Republic to Haiti?

Based on historical data, Cash β†’ Cash Pickup is the cheapest combination with 7.40% cost.

Money transfer providers tend to price payment and delivery methods for Dominican Republic to Haiti remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your DOP-HTG transfers.


Does sending more money reduce the cost for Dominican Republic to Haiti transfers?

Larger DOP-HTG transfers are cheaper on average.

The cost of a DOP 200 transfer averages 7.40% as compared to 7.26% for a DOP 500 transfer, a difference of 0.14 percentage points.


How long does it take to send money from Dominican Republic to Haiti?

Based on our analysis, the average transfer time for DOP-HTG transfers is 3 hours, with the fastest transfers completing in less than one hour and the slowest in 12 hours.


Are instant transfers available from Dominican Republic to Haiti?

Yes, historical data shows that some transfers to Haiti from Dominican Republic can complete in less than one hour.

Note that the actual speed of your DOP-HTG transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.


How competitive is the Dominican Republic to Haiti remittance market?

Based on historical data, the competition level in Dominican Republic to Haiti is considered limited with 3 active providers.


Do I risk overpaying if I do not compare providers for Dominican Republic to Haiti?

Historically, total DOP-HTG transfer cost has varied by 11.61 percentage points. On a DOP 200 transfer, that can translate to DOP 23.22 in savings.

DOP-HTG exchange rate markup also varies across providers. The average markup spread has been about 9.49 percentage points. On a DOP 200 transfer, that could be DOP 18.98 saved from FX alone.

Fees can also make a big difference in this market, with a difference of about DOP 914.00 across providers.

That is why comparing providers can materially change how much of the DOP you send does your recipient receive in Haiti in Haiti.



Latest DOP to HTG Conversion Rates

Here are some latest DOP to HTG (Dominican Peso to Haitian Gourde) exchange rates for popular conversion amounts*.

1 DOP2.14 HTG
5 DOP10.68 HTG
10 DOP21.36 HTG
25 DOP53.40 HTG
50 DOP106.80 HTG
100 DOP213.60 HTG
150 DOP320.40 HTG
200 DOP427.20 HTG
250 DOP534.00 HTG
300 DOP640.80 HTG
400 DOP854.40 HTG
500 DOP1,068.00 HTG
600 DOP1,281.60 HTG
700 DOP1,495.20 HTG
800 DOP1,708.80 HTG
1000 DOP2,136.00 HTG
1500 DOP3,204.00 HTG
2000 DOP4,272.00 HTG
2500 DOP5,340.00 HTG
3000 DOP6,408.00 HTG
4000 DOP8,544.00 HTG
5000 DOP10,680.00 HTG
10000 DOP21,360.00 HTG
15000 DOP32,040.00 HTG
20000 DOP42,720.00 HTG
30000 DOP64,080.00 HTG
40000 DOP85,440.00 HTG
50000 DOP106,800.00 HTG
100000 DOP213,600.00 HTG

*Based on the Mid-market Exchange Rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real DOP to HTG exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


1 Based on 60 pricing observations across 3 firms over the last 5 years for a DOP 200 money transfer from Dominican Republic to Haiti. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.

How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Dominican Republic to Haiti remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.

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