Guide on the Peso-US Dollar Exchange Rate Today, December 28, 2019 (Saturday)
PESO-US DOLLAR EXCHANGE RATE – Here are the exchange rates between the Philippine Peso and the United States Dollar today, December 28, 2019 (Saturday).
Are you one of those people who have loved ones abroad? Undeniably, a lot of Filipinos are living in other countries now. Some of them have married foreigners and became citizens of other nations.
In the case of most Pinoys abroad, they are there for work. These overseas Filipino workers (OFWs) flew to another country in the hope of being able to give their families a better life. They hope to earn more than what they can earn in the country.
Usually, these Pinoys would send money to their loved ones in the Philippines through a bank or a money remittance center. After claiming it, the receiver may have it converted into the Philippine Peso at a bank or a money exchange center.
One of the countries where there are a lot of Filipinos working is the United States. That is why many Pinoys also check the Philippine Peso-US Dollar exchange rate daily. It affects the amount that is set for the monthly budget of the household or other purposes.
Usually, the conversion won’t fall below Php 49.00 for every US $1.00. One of the banks that has conversion services is the Landbank of the Philippines, the primary government bank in the country.
With regards to the conversion services offered by Landbank, it usually set different rates in the buying and selling of dollars. For today, December 28, 2019 (Saturday), here is the Philippine Peso-US Dollar exchange rate for buying and also for selling:
- For buying, US $1.00 is equal to Php 50.65.
- For selling, US $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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