Convert 5 Indian Rupee (INR) to Dominican Peso (DOP)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Indian Rupee (INR) to Dominican Peso (DOP) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) to Dominican Peso (DOP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Indian Rupee and Dominican Peso on 11/21/2024 is 1 INR = 0.7149 DOP - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
About Dominican Peso (DOP)
The Dominican peso also called the peso oro is symbolized with the "$" sign and known in currency trading by the code DOP. It is controlled by the Central Bank of the Dominican Republic and it is the only enforceable legal tender within the Dominican Republic.
The DOP is subdivided into 100 units, each known as a centavo. The coins in circulation are valued at $1, $5, $10, and $25 with current banknotes in circulation valued at $20, $50, $100, $200, $500, $1000, and $2000.
