The currency of the Dominican Republic is the Dominican peso (DOP). The peso is divided into 100 centavos and is used as the medium of exchange for goods and services within the country. The Dominican peso has experienced fluctuations against other currencies due to various economic conditions. The Central Bank of the Dominican Republic is responsible for issuing and regulating the currency. The peso is important not only for domestic transactions but also for tourism, as the Dominican Republic attracts numerous international visitors each year.