Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's DOP to PEN (Dominican Peso to Peruvian Nuevo Sol) exchange rates

Dominican Republic
Peru
DOP

Interbank Exchange Rate: 1 DOP = 0.0533 PEN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Dominican Peso to Peruvian Nuevo Sol money transfers

Easily compare money transfer providers in one place to send money from Dominican Republic to Peru. Send money overseas to your loved ones by comparing Dominican Peso (DOP) to Peruvian Nuevo Sol (PEN) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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.

Were you looking to send money from Peru to Dominican Republic instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest DOP to PEN Conversion Rates

Here are some latest DOP to PEN (Dominican Peso to Peruvian Nuevo Sol) exchange rates for popular conversion amounts*.

1 DOP0.05 PEN
5 DOP0.27 PEN
10 DOP0.53 PEN
25 DOP1.33 PEN
50 DOP2.67 PEN
100 DOP5.33 PEN
150 DOP8.00 PEN
200 DOP10.66 PEN
250 DOP13.33 PEN
300 DOP15.99 PEN
400 DOP21.32 PEN
500 DOP26.65 PEN
600 DOP31.98 PEN
700 DOP37.31 PEN
800 DOP42.64 PEN
1,000 DOP53.30 PEN
1,500 DOP79.95 PEN
2,000 DOP106.60 PEN
2,500 DOP133.25 PEN
3,000 DOP159.90 PEN
4,000 DOP213.20 PEN
5,000 DOP266.50 PEN
10,000 DOP533.00 PEN
15,000 DOP799.50 PEN
20,000 DOP1,066.00 PEN
30,000 DOP1,599.00 PEN
40,000 DOP2,132.00 PEN
50,000 DOP2,665.00 PEN
100,000 DOP5,330.00 PEN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Peru from Dominican Republic?

With the global remittance market booming, there are so many choices for Dominican Peso to PEN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Peru from Dominican Republic. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final PEN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Dominican Republic to Peru?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Peru.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Dominican Republic to Peru transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your DOP to Peruvian Nuevo Sol money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Peru from Dominican Republic?

One of the most important things to watch out for is hidden fees when sending money to Peru from Dominican Republic. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Peru using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Peruvian Nuevo Sol foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best DOP to Peru exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Peru from Dominican Republic.


Should I use my bank to send money from Dominican Republic to Peru?

Bank transfers have been a traditionally popular way to send money overseas from Dominican Republic to Peru. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the DOP to PEN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Dominican Republic bank for your Peru money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Peru from Dominican Republic?

If you need to convert DOP to PEN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Dominican Republic to Peru could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Dominican Peso to Peruvian Nuevo Sol funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Peru.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Dominican Republic to Peru. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Peru from Dominican Republic?

Dominican Republic to Peru money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Peru as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Dominican Peso to Peruvian Nuevo Sol money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Dominican Republic to Peru

Follow the below easy steps to send money to Peru from Dominican Republic.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Dominican Republic bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Peru).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your DOP to PEN remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.