Saving in the Dominican Republic from abroad: a one-year deposit paid 7.40 % in pesos and 3.57 % in dollars (September 2026)

Every Thursday at Economía con Datos we look at the homes and savings many Dominicans abroad have, or plan to have, back home. According to the Central Bank of the Dominican Republic (BCRD), in September 2026 commercial banks paid an average of 7.40 % a year on new one-year peso deposits and 3.57 % on one-year dollar deposits. These are weighted average nominal rates on new operations; each bank sets its own.

By term

In pesos, savings accounts paid 0.50 %; one-month deposits, 6.97 %; six-month, 6.98 %; one-year, 7.40 %; and over one year, 6.59 %. In dollars, savings accounts paid 0.73 %; one-month, 3.50 %; six-month, 3.49 %; one-year, 3.57 %; and over one year, 3.29 %. At those rates, RD$500,000 in a one-year deposit would earn RD$37,000 in interest and US$10,000 would earn US$357 (Economía con Datos calculations, simple interest, before taxes and fees).

Then and now

In September 2025 one-year deposits paid 7.00 % in pesos and 3.33 % in dollars; in September 2016, 6.61 % and 1.69 %; in September 2021, 2.74 % and 0.44 %. The BCRD reference exchange rate (monthly average, selling) was RD$46.17 per dollar in September 2016, RD$63.00 in September 2025 and RD$59.33 in September 2026.

Buying a home

The average peso home-loan rate was 11.37 % in September 2026 (11.28 % a year earlier; series low 8.55 % in November 2021, high 32.44 % in December 2003). A RD$3,000,000 loan over 20 years at 11.37 % would carry a monthly payment of RD$31,733.24 (Economía con Datos calculation, fixed payment, excluding insurance and closing costs).

Source: Banco Central de la República Dominicana (document in Spanish).

This is an English summary by Economía con Datos. Read the full article in Spanish.

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