Jump to content

USD to PhP Exchange Rate


Recommended Posts

I always use the money exchange in the Rajah Hotel and Casino on Fuente circle.  It consistently has the best rates usually equal to the exchange in Rain Tree mall, and they NEVER ask for an ID.  I have changed thousands of US currency there in the last 5 years, and they don't even look at you since they have frosted glass, only a circle hole you have to bend over to speak into, and just below that the counter with a cut out in the glass to pass money.  I can't see the teller and she can't see me.  The only thing we see is the money and a receipt showing the exchange rate at that time. 

 

btw:  NEVER NEVER NEVER exchange at WU.  They are a total ripoff, especially in Cebu.  One time I was looking for a place to send myself money through XOOM and the WU teller told me there would be a charge for giving me the cash in US, that it was a "tax" that the government requires.  I said " bullshit" and left; went across the street to BDO bank and there was no charge.  Also, I contacted an XOOM rep and told them that WU was charging a tax, and he said that there is no such tax.  Western Union is the biggest money launderer in the world.

  • Like 1
Link to post
Share on other sites
  • Replies 642
  • Created
  • Last Reply

Top Posters In This Topic

  • tim

    67

  • SkyMan

    63

  • smokey

    43

  • tonny

    31

Top Posters In This Topic

Popular Posts

Paid in dollars, spending pesos...   Best retirement plan evah!

come on guys lets not forget the sorrow our European brothers felt for us when the Euro was flying high and we were hitting 39 to the dollar true they said ha ha ha but they did not mean it deep insid

Still depreciating, along with many other currencies.  All good, if you're paid in USD.   Damn, it feels good to be an American!   LOL

Posted Images

Try the Money Changer in Ayala, by Rustans supermarket

New 100 dollar bills bring the best exchange rate.

Link to post
Share on other sites

Everyone seems to be missing the point, a peso income is what is required...converting XYZ to PHP leaves one exposed to XYZ.

 

PSE index is looking pretty good for an entry, PE ratios of around mid teens.

  • Like 1
Link to post
Share on other sites

You guys think you have a bad deal,

Just spare a thought for us Kiwi's

Link to post
Share on other sites
delancey

You guys think you have a bad deal,

Just spare a thought for us Kiwi's

Beautifully put. You guys deserve better.

Link to post
Share on other sites
Headshot

You guys think you have a bad deal,

Just spare a thought for us Kiwi's

 

You guys have money?  :twocents:

  • Like 3
Link to post
Share on other sites
contraman

You guys have money?  :twocents:

Of course they do, because most are on the Aussie Welfare system :sarcasm:

  • Like 6
Link to post
Share on other sites

Of course they do, because most are on the Aussie Welfare system :sarcasm:

Not this Kiwi  :)

  • Like 1
Link to post
Share on other sites
  • 3 weeks later...

Yeah I'm at a loss why the USD keeps going up. Most analysts say it should be going down, but it keeps going up and up.

 

And if the Fed Reserve raise interest rates in December, like many are predicting, then it will go up even further.

 

Lucky bastards!

Link to post
Share on other sites

Yeah I'm at a loss why the USD keeps going up. Most analysts say it should be going down, but it keeps going up and up.

 

And if the Fed Reserve raise interest rates in December, like many are predicting, then it will go up even further.

 

Lucky bastards!

Because the US has the biggest stable growing economy in the world right now. Organizations, governments and individuals will put their money in the safest place.

Link to post
Share on other sites
smokey

I did read that at the last meeting of the Fed it was made clear interest rates will raise finally and this was the reason

Link to post
Share on other sites
JamesMusslewhite

Come on 52... :yahoo:

Link to post
Share on other sites
Skywalker

Considering we are now well into the 'ber' months leading to Christmas, I am amazed the exchange rate is as good as it is.

 

Those of us who've been here more than a year or two, will understand what I am talking about.

  • Like 1
Link to post
Share on other sites
RogerDat

Because of the flood of OFW / Filipino expats world wide sending Christmas cash home for those not in the know.

I think?

  • Like 2
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use, Privacy Policy and Guidelines. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue..

Capture.JPG

I Understand...