Itís Your Money > Money Exchanging

Exchange rates getting better for us

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Lee2:
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
50.1433PHP

JoeLP:

--- Quote from: Hestecrefter on November 17, 2016, 05:52:39 AM ---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

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


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

--- End quote ---


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.

bigrod:
FYI   https://www.measuringworth.com/datasets/exchangeglobal/result.php

Chuck

marshie:
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).

Lee2:
1 USD =51.8422PHP today

http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP

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