The history of the Dominican Republic Stock Exchange (BVRD) began on April 5, 1980 when a group of entrepreneurs met to discuss the formation of a stock market in the Dominican Republic. After several years of discussions and studies, an official decree was issued on November 25, 1988 for the creation of the Stock Exchange of Santo Domingo as a non-profit entity of a Chamber of Commerce.
By 1997, it was recognized as a national stock exchange and on March 31, 1997, it was renamed to the Stock Exchange of the Dominican Republic to reflect its higher status. On December 17, 2001, it converted to a for-profit entity and changed to its current name of the Dominican Republic Stock Exchange (BVRD).
The BVRD is the only stock exchange in the Dominican Republic and one of the more active stock exchanges in Latin America.