Guide on the Peso-US Dollar Exchange Rate Today, December 26, 2019 (Thursday)
PESO-US DOLLAR EXCHANGE RATE – Here is a guide on the exchange rates between the Philippine Peso and the United States Dollar today, December 26, 2019 (Thursday).
Nowadays, a lot of Filipinos spend most of their time abroad as they are working to improve their lives and give their families a brighter future. These overseas Filipino workers (OFWs) would only, sometimes, go home for a short vacation.
Many Pinoy undeniably flew abroad as what they earn there can be spent twice in the Philippines. It is because of the exchange rates. Let us take for example the United States (US) Dollar. One (1) USD may be at least Php 49.00 in the country.
Usually, these OFWs would send money to their loved ones in the Philippines through the money remittance centers or banks. In the case of the latter, they may send it directly to a bank account.
Upon receiving the money, most people would usually look for the exchange rate. It can really affect most especially if you are going to have a huge foreign currency amount converted to Philippine peso.
If you want to have your money converted in a bank, one of the banks with the said services is the Landbank of the Philippines. Everyday, it posts on its official website its conversion rates.
Landbank got different rates set for the buying of USD and as well as the selling of USD. For today, December 26, 2019, here is the Peso-US dollar exchange rate for buying and as well as for selling:
- For buying, US $1.00 is equal to Php 50.6
- For selling, US $1.00 is equal to Php 51.001
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.