Philippine Peso Exchange Rate climbing nicely

[Joe Kano 327]

We have been on a pretty good roll lately, now if they would just let me into the country I could stimulate the economy

 

US Dollar to Philippine Peso Exchange Rate Chart | Xe

[Commish10 427]

4 minutes ago, Joe Kano said:

We have been on a pretty good roll lately, now if they would just let me into the country I could stimulate the economy

 

US Dollar to Philippine Peso Exchange Rate Chart | Xe

Good News for us, Bad news for them.

[Joe Kano 327]

3 hours ago, Commish10 said:

Good News for us, Bad news for them.

Story of their life isn't it 😈😈😈😈

[AlaMike 231]

Last time I was there it was almost.. if not over 52.  Its way better than the 47 - 48 that it was.

[Joe Kano 327]

5 hours ago, AlaMike said:

Last time I was there it was almost.. if not over 52.  Its way better than the 47 - 48 that it was.

Yep I was there October 2018 it was around that amount then.

 

For me I have been going to the Philippines for 15 years now, average is about 47, So 50 or above is great. 

 

I hope the US Dollars hits 55/56 and the PI opens for tourism, it will be a daily double win for me and others returning

[Murph4865 597]

10 hours ago, Joe Kano said:

Yep I was there October 2018 it was around that amount then.

 

For me I have been going to the Philippines for 15 years now, average is about 47, So 50 or above is great. 

 

I hope the US Dollars hits 55/56 and the PI opens for tourism, it will be a daily double win for me and others returning

Look at remitly transfer it was at 52 pesos yesterday

[jskibo 588]

Wise was at 52.5

[Joe Kano 327]

Peso is dropping like a rock due to the recent lowered financial rating.   👍😈👍

[Kby175 115]

Good news we are getting ready to buy a car over there so it's going up at the right time. 

[Cyberfx1024 7,980]

On 7/21/2021 at 6:38 AM, Joe Kano said:

Peso is dropping like a rock due to the recent lowered financial rating.   👍😈👍

Where did you see that

[Joe Kano 327]

1 hour ago, Cyberfx1024 said:

Where did you see that

https://tradingeconomics.com/philippines/rating#:~:text=Standard %26 Poor's credit rating for,at Baa2 with stable outlook

[Joe Kano 327]

1 hour ago, Kby175 said:

Good news we are getting ready to buy a car over there so it's going up at the right time. 

I am going to upgrade my motorbike, I have XRM125 and it ok for riding up and down the road, but for going on extended trips it not good. My butt falls asleep, and the gas tank isn't large enough for long rides, plus top speed is like 45 mph.  I did put two humongous LED lights on them so I can see when driving around at night, and that was great improvement.

 

I want a Yamaha XMAX, it has lots of storage, rides smooth, and goes fast.

[Talako 785]

I'm not sure how directly it translates to the USD/PHP exchange rate, but, for the Philippines, it is not the best news.

 

https://tradingeconomics.com/philippines/rating#:~:text=Standard %26 Poor's credit rating for,at Baa2 with stable outlook

 

From that link:

 

[Kby175 115]

Yep, the recent negative rating has sent the peso to it's present downward spiral.  

[payxibka 10,045]

On 7/21/2021 at 5:38 AM, Joe Kano said:

Peso is dropping like a rock due to the recent lowered financial rating.   👍😈👍

A rock made from pumice maybe