Living In The Philippines Forum

Itís Your Money => Money Exchanging => Topic started by: Lee2 on May 05, 2016, 08:18:46 AM

Title: Exchange rates getting better for us
Post by: Lee2 on May 05, 2016, 08:18:46 AM
1.00 USD   =   47.2793 PHP Hope it continues to go in this direction, 50 to one would be nice.

http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)
Title: Re: Exchange rates getting better for us
Post by: JoeLP on May 05, 2016, 03:50:55 PM
50 would be nice.  First time I came(what, about 04 or 05) it was about 70.  That was very nice.  Would love to see that happen again someday. 

But for now, 50 would be great.
Title: Re: Exchange rates getting better for us
Post by: Jimmy on May 05, 2016, 09:52:35 PM
yes I would love to at least see 50 too.I can only remember 47 back I think it was year 2009 its Funny thing to me every time it goes higher my wife get Happy even tho its a small amount.
Title: Re: Exchange rates getting better for us
Post by: conchydong on May 05, 2016, 11:00:58 PM
Those small amounts add up over a period of time.  Hope the trend continues for those of us that use dollars.
Title: Re: Exchange rates getting better for us
Post by: Lee2 on May 06, 2016, 10:06:28 AM
1.00 USD   =   47.3615 PHP   http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)

Looking better all the time for me and some of you too....
Title: Re: Exchange rates getting better for us
Post by: Balisidar on May 07, 2016, 01:58:48 AM
I've always wondered why the Peso-USD exchange didn't get a lot better when the Euro crashed?
The Euro-USD rate is 1.14-1 right now and the Euro-Peso is 53.78.
How are the exchange rates figured anyways?  Doesn't seem right.
I know---life isn't fair  :P ;)
Title: Re: Exchange rates getting better for us
Post by: Lee2 on May 07, 2016, 06:50:45 AM
Thanks Balisidar, I post about US dollars because that is what is most important to me but I hope other members can also let us know how the exchange rate is working out for them too.
Title: Re: Exchange rates getting better for us
Post by: bigrod on May 07, 2016, 08:58:49 AM
I've always wondered why the Peso-USD exchange didn't get a lot better when the Euro crashed?
The Euro-USD rate is 1.14-1 right now and the Euro-Peso is 53.78.
How are the exchange rates figured anyways?  Doesn't seem right.
I know---life isn't fair  :P ;)

Seems right to me.  If it cost me $1.14 to buy a Euro then it would mean a Euro was worth more pisos than a Dollar.

Chuck
Title: Re: Exchange rates getting better for us
Post by: Lee2 on November 17, 2016, 12:28:45 AM
1 USD =49.4910PHP http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)
heading towards 50 and maybe beyond....  :)   8)
Title: Re: Exchange rates getting better for us
Post by: Hestecrefter on November 17, 2016, 05:52:39 AM
50 would be nice.  First time I came(what, about 04 or 05) it was about 70.  That was very nice.  Would love to see that happen again someday. 

But for now, 50 would be great.


It looks like 50 is within striking range.

But did you really see it hit 70?!  I can recall 55 sometime around 2001 or 2002, when I was still living there.

I looked at a couple of sites for historical stats.

This site says the highest between 1998 and 2016 was 56.34 to the dollar, but it does not say when that occurred:

http://www.tradingeconomics.com/philippines/currency (http://www.tradingeconomics.com/philippines/currency)

This site shows the high of about 56 to the dollar occurred in 2003-2004.

http://usd.fx-exchange.com/php/exchange-rates-history.html (http://usd.fx-exchange.com/php/exchange-rates-history.html)


I could not find a reference to anything approaching 70.  But then the web does not know everything.


Title: Re: Exchange rates getting better for us
Post by: Lee2 on April 27, 2017, 08:34:21 PM
Peso back over 50 to 1 for US dollars, had gone down to 49.34 to 1 in recent days  http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)
50.1433PHP
Title: Re: Exchange rates getting better for us
Post by: JoeLP on May 02, 2017, 03:07:06 PM
It looks like 50 is within striking range.

But did you really see it hit 70?!  I can recall 55 sometime around 2001 or 2002, when I was still living there.

I looked at a couple of sites for historical stats.

This site says the highest between 1998 and 2016 was 56.34 to the dollar, but it does not say when that occurred:

[url]http://www.tradingeconomics.com/philippines/currency[/url] ([url]http://www.tradingeconomics.com/philippines/currency[/url])

This site shows the high of about 56 to the dollar occurred in 2003-2004.

[url]http://usd.fx-exchange.com/php/exchange-rates-history.html[/url] ([url]http://usd.fx-exchange.com/php/exchange-rates-history.html[/url])


I could not find a reference to anything approaching 70.  But then the web does not know everything.


I honestly cannot remember 100%, but I want to say it was close to 70.  I remember seeing a mid 60's rate at the Filipino store in conversion rates when I was in Grand Rapids, MI.  My then wife and I went to visit and a college friend of her's took us to an exchange local and my memory keeps telling me it was close to 70.  68 or 69 and something. 

Been over a decade and I might be off, just what I remember.
Title: Re: Exchange rates getting better for us
Post by: bigrod on May 02, 2017, 04:28:44 PM
FYI   https://www.measuringworth.com/datasets/exchangeglobal/result.php (https://www.measuringworth.com/datasets/exchangeglobal/result.php)

Chuck
Title: Re: Exchange rates getting better for us
Post by: marshie on May 03, 2017, 11:37:10 PM
If I can remember it correctly, it was during the time of Erap's (former President Estrada) escape/impeachment when the peso to dollar really went down. Back in late 90s, usd to php is around Php25 only then went to 40s. And 50++ during erap time (I think highest is around 56 or 57).
Title: Re: Exchange rates getting better for us
Post by: Lee2 on October 25, 2017, 08:56:16 PM
1 USD =51.8422PHP today

http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)
Title: Re: Exchange rates getting better for us
Post by: FMSINC on October 26, 2017, 07:03:25 AM
FYI   https://www.measuringworth.com/datasets/exchangeglobal/result.php (https://www.measuringworth.com/datasets/exchangeglobal/result.php)

Chuck

When I moved her 17 years ago it was 56.50 - 1 / but if you're living here don't expect to realize any extra buying power as the merchants just increases the costs of the goods plus add in a little extra profit when the Piso gets stronger however they never lower the prices
Title: Re: Exchange rates getting better for us
Post by: BudM on October 26, 2017, 06:25:02 PM
I want it to be steady with very slow fluctuations both ways and not go crazy.
Title: Re: Exchange rates getting better for us
Post by: Lee2 on March 23, 2018, 09:36:11 AM
52.3756 right now http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP (http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP)   8)
Title: Re: Exchange rates getting better for us
Post by: mikbal on October 07, 2018, 07:08:55 AM
Got in to Angeles two days ago and exchange rate are 54.00 to 54.10. At the NAIA terminal 3, they were giving 54.10.

Mike