A digital-to-analog converter with high driving capability includes a voltage generator for generating voltages, a voltage division circuit coupled to the voltage generator for outputting a plurality of reference voltages according to voltages generated by the voltage generator, a decode unit for decoding a digital signal, a switch circuit coupled to the voltage division circuit and the decode unit for switching to output one of the plurality of reference voltages, and a current generator coupled to the voltage division circuit for generating currents to the voltage division circuit.