Exchange rates getting better for us

[Lee2]

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

[JoeLP]

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.

[Jimmy]

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.

[conchydong]

Those small amounts add up over a period of time.  Hope the trend continues for those of us that use dollars.

[Lee2]

1.00 USD   =   47.3615 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....

[Balisidar]

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 

[Lee2]

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.

[bigrod]

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 

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

[Lee2]

1 USD =49.4910PHP http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=PHP
heading towards 50 and maybe beyond....     

[Hestecrefter]

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

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.

[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]

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.

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