Guide on the Peso-US Dollar Exchange Rate Today, December 11, 2019 (Wednesday)
PESO-US DOLLAR EXCHANGE RATE – Here is the exchange rate of the Philippine Peso and the United States Dollar today, December 11, 2019 (Wednesday).
Undeniably, a lot of Filipinos are working abroad in the hope of giving their families here in the Philippines a better life. Many took the risk to fly and live in a foreign country as, according to most, the works pay better there and they can save money for the future.
One of the countries where there are a lot of Pinoys is the United States. Some Filipinos are in US for work while others are there for good. Many Filipinos have married Americans which entitled them to an American citizenship.
In the case of the overseas Filipino workers (OFWs) in the United States, they would usually send money to their families and loved ones in the Philippines. Most often, at least once a month the family has to withdraw the money from the bank or claim it through a money remittance center.
With regards to those sent in US dollar currency, it has to be converted to Philippine Peso to be used in the country. That is why the Philippines Peso-US Dollar exchange rate is usually checked by many people.
For today, December 11, 2019 (Wednesday), the Philippine Peso-US Dollar exchange rate did not fall below Php 50.00 for every $1.00 in both buying and selling. Here are the rates from the Landbank of the Philippines:
- Buying : Php 50.45 for every $1.00
- Selling : Php 50.95 for every $1.00
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.