Average Foreign Exchange Manager Salary in Dominican Republic for 2026
A foreign exchange manager in Dominican Republic earns about 377,200 DOP a year. That's 58% above the national average of 238,900 DOP.
Pay ranges widely from country to country and from role to role. The lowest reported salaries in Dominican Republic sit around 192,600 DOP a year, while the very top stretches to 580,600 DOP. Everything on this page is in Dominican peso (DOP, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.
The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Dominican Republic, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.
How much does a foreign exchange manager make in Dominican Republic?
A typical foreign exchange manager working in Dominican Republic brings home around 31,433 DOP a month before tax. Entry-level pay starts near 192,600 DOP, and the top of the ladder reaches roughly 580,600 DOP for the most experienced and specialised people in the role.
The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior foreign exchange manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.
How foreign exchange manager pay ranges in Dominican Republic
A good way to think about salary in Dominican Republic is to look at the distribution rather than the headline average. Half of all foreign exchange managers in Dominican Republic earn less than 369,900 DOP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".
Looking at the quartiles fills in the picture. A quarter of earners take home less than 252,300 DOP (the 25th percentile), and a quarter clear 464,900 DOP (the 75th percentile). The middle 50% of foreign exchange managers sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 192,600 DOP. The highest stretch to 580,600 DOP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.
Foreign exchange manager pay by experience in Dominican Republic
Years of experience is the single biggest lever on pay for a foreign exchange manager in Dominican Republic, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical foreign exchange manager salary changes as you move through the career ladder.
- 0-2 Years215,100 DOP
- 2-5 Years+32% from previous283,400 DOP
- 5-10 Years+39% from previous394,800 DOP
- 10-15 Years+20% from previous472,100 DOP
- 15-20 Years+9% from previous516,100 DOP
- 20+ Years+8% from previous555,800 DOP
The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 39%. That is the point at which a foreign exchange manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.
Foreign exchange manager pay by education in Dominican Republic
Education sits alongside experience as one of the biggest factors driving foreign exchange manager pay in Dominican Republic. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.
Below is the average foreign exchange manager salary in Dominican Republic broken down by the highest level of education a worker has completed.
- Bachelor's Degree266,000 DOP
- Master's Degree+77% from previous472,100 DOP
Foreign exchange manager gender pay gap in Dominican Republic
The gender pay gap is a stubborn feature of almost every labour market, and Dominican Republic is no exception. Male foreign exchange managers in Dominican Republic earn an average of 398,300 DOP a year, while female foreign exchange managers earn around 357,700 DOP. That works out to a 11% gap in favour of men, even when comparing people doing the same work.
A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.
Foreign Exchange Manager gender pay gap
10%
Men earn this much more than women on average in Dominican Republic.
Pay raises for a foreign exchange manager in Dominican Republic
Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.
A typical worker doing this role in Dominican Republic sees a raise of about 12% every 18 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.
Across all jobs in Dominican Republic, the national average raise is around 8% every 18 months.
By industry
Industries with the highest pay raises in Dominican Republic:
- Banking
- Energy
- Information Technology
- Healthcare1%
- Travel
- Construction
- Education
By experience level
Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.
- Junior Level3% - 5%
- Mid-Career
- Senior Level
- Top Management
Foreign exchange manager bonus rates in Dominican Republic
Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.
79% of foreign exchange managers in Dominican Republic reported a bonus of some kind in the past twelve months. That makes a foreign exchange manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.
Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 21% of foreign exchange managers reported no bonus at all over the same period.
Which careers pay bonuses in Dominican Republic
Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.
- Finance
- Architecture
- Sales
- Business Development
- Marketing / Advertising
- Information Technology
- Healthcare
- Insurance
- Customer Service
- Human Resources
- Construction
- Transport
- Hospitality
Foreign exchange manager: public vs private sector pay
Public-sector pay in Dominican Republic is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.
Public vs private pay gap
6%
Public-sector workers earn this much more than private-sector workers in Dominican Republic on average.
Foreign exchange manager salary by city in Dominican Republic
Foreign exchange manager pay is not even across Dominican Republic. The chart below shows the highest-paying cities in the dataset, followed by the full location table.
- Santo Domingo
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Santo Domingo | City | 394,800 DOP | 394,800 DOP | 195,200-612,500 DOP |
Foreign Exchange Manager in Dominican Republic: FAQs
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How much does a foreign exchange manager make per month in Dominican Republic?
A foreign exchange manager in Dominican Republic earns about 31,433 DOP a month before tax, based on an annual average of 377,200 DOP.
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What's the salary range for a foreign exchange manager in Dominican Republic?
Entry-level foreign exchange managers in Dominican Republic start near 192,600 DOP. Top-end pay reaches around 580,600 DOP. The middle 50% of earners sit between 252,300 and 464,900 DOP.
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Is the median foreign exchange manager salary in Dominican Republic higher or lower than the average?
The median is 369,900 DOP, lower than the average of 377,200 DOP. Half of foreign exchange managers in Dominican Republic earn below the median, half earn above it.
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What's the gender pay gap for foreign exchange managers in Dominican Republic?
Men working as a foreign exchange manager in Dominican Republic earn around 11% more than women on average (398,300 vs 357,700 DOP a year).
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Do foreign exchange managers in Dominican Republic get bonuses?
About 79% of foreign exchange managers in Dominican Republic reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.
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Do foreign exchange managers earn more in the public or private sector in Dominican Republic?
In Dominican Republic, the public sector pays a foreign exchange manager about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
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How often do foreign exchange managers in Dominican Republic get a pay raise?
A foreign exchange manager in Dominican Republic sees a raise of around 12% every 18 months, equivalent to roughly 8% a year.