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The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for all financial transactions within the country. It is subdivided into 100 centavos and is typically represented by the symbol 'RD$' or simply '$' when used in local contexts.
The United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It plays a crucial role in international trade and finance, serving as a standard unit of account for many countries around the world.