Guide on the Peso-US Dollar Exchange Rate Today, Friday, December 27, 2019
PESO-US DOLLAR EXCHANGE RATE – Here is a guide on the exchange rates between the Philippine Peso and the United States Dollar today, December 27, 2019 (Friday).
Nowadays, a huge part of the Filipino populace is scattering in the different countries abroad. Some have married foreigner partners while others flew to another country for work opportunities.
Undeniably, a lot of Pinoys hope that they can earn more of what they may earn in the country if they will work in another nation. It is because of the exchange rates. The value of what they can earn there may be several times in value if spent in the Philippines.
Are you one of those who are working abroad? Or do you have a loved one abroad who regularly sends you money in foreign currency?
For the receivers of foreign currency money, their usual destinations include the bank, the money remittance center, and the money exchange center. The amount must be claimed and converted into Philippine Peso at a certain rate.
With regards to the Philippine Peso-US Dollar exchange rate, usually, $1.00 will not fall below Php 49.00 if converted into Peso. The exchange rates between the currencies of the United States and the Philippines is one of those with the biggest gaps.
The Landbank of the Philippines, the primary government bank in the country, is one of those that offers foreign currency conversion services. It has different rates for buying and selling. For today, December 27, 2019 (Friday), here is the Peso-US Dollar exchange rate for buying and as well as for selling:
- For buying, $1.00 is equal to Php 50.65
- For selling, $1.00 is equal to Php 51.15
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.
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