Iremit rate 66.40

[bigmarco]

Paid a visit to Iremit today and their rate is 66.40php to £ which is not great.
Anybody had a better rate recently

[stevewool]

thats about the rate its been for a very long time, infact i base my exchange rate 66 to the pound in all my calculations

[Terpe]

Actually that rate is very close to the inter-bank rate. I doubt there'll be a better exchange rate. Might be a organisation with lower charges though.

[Leen]

we just sent money today on worldremit rate was 65.38,bad tho....

[Terpe]

thats about the rate its been for a very long time, infact i base my exchange rate 66 to the pound in all my calculations


You right Steve, it's been bouncing around that sort of level since May and hasn't gone much above 68 all year.

The trend is definitely creeping down and I just wonder what exchange rate to start using for my calculations too.

I've been using a calculation rate of P50=£1 these past two years and am now considering basing everything around P40
I really believe there needs to be some 'X' factor built in ( kind of safety factor.)

It's looking like my wife has been correct after all. She said we'd better wait another year or so.

If the interbank rate can stay above 60 for the next 12 months I'll be happy.

[lastlid]

You right Steve, it's been bouncing around that sort of level since May and hasn't gone much above 68 all year.

The trend is definitely creeping down and I just wonder what exchange rate to start using for my calculations too.

I've been using a calculation rate of P50=£1 these past two years and am now considering basing everything around P40
I really believe there needs to be some 'X' factor built in ( kind of safety factor.)

It's looking like my wife has been correct after all. She said we'd better wait another year or so.

If the interbank rate can stay above 60 for the next 12 months I'll be happy.

Thats quite a fair old safety factor.

[lastlid]

Mind you, at 50 to the pound, the conversion is a lot easier. I find 70 or 66 to the pound to be a pain in the butt to convert in my head. :icon_lol:

[stevewool]

thats a good exchange figure terpe 50 to the pound, i may try that for a few times to see if i can get use to that amount

[mark0971]

Hi all. Im going back over to the philippines in 2 weeks time to celebrate my fiancee's birthday (hopefully the visa as well). Where is the best place to buy currency as i normally get mine from the bank and its always a low rate? :Kilt:

[Terpe]

Thats quite a fair old safety factor.

Lastlid, if you look back 3 years to October 2009 it was averaging 77
What could it be in 3 years ahead in 2015 if the established trend continues ?

[lastlid]

Lastlid, if you look back 3 years to October 2009 it was averaging 77
What could it be in 3 years ahead in 2015 if the established trend continues ?

I see your point exactly. :xxgrinning--00xx3: It is topic I am curious about. I guess anything higher than 50 is a bonus.

BTW How do you find, dividing by 66 in your head? I guess being an engineer it's a doddle? :biggrin:

[stevewool]

Hi all. Im going back over to the philippines in 2 weeks time to celebrate my fiancee's birthday (hopefully the visa as well). Where is the best place to buy currency as i normally get mine from the bank and its always a low rate? :Kilt:

over there at the airport just before you come out of the doors:xxgrinning--00xx3:

[jonnijon]

100 to the pound when i started coming to the philippines :olddude:

[stevewool]

100 to the pound when i started coming to the philippines :olddude:

never get to those figures again

[lastlid]

From an earlier thread....

http://www.x-convert.com/chart/GBP-PHP?period=10y

http://filipinaroses.com/showthread.php/39497-Exchange-Rate-%C2%A3-to-P?p=372667&highlight=exchange#post372667

[stevewool]

BTW How do you find, dividing by 66 in your head? I guess being an engineer it's a doddle? :biggrin:[/QUOTE]

easy peasy lemon squeezy, get my head to get the calculator out of my pocket and tap away, sorry but i had to say that:xxgrinning--00xx3::xxgrinning--00xx3::xxgrinning--00xx3::xxgrinning--00xx3::xxgrinning--00xx3::xxgrinning--00xx3:

[irishman12]

over there at the airport just before you come out of the doors:xxgrinning--00xx3:

airport is not the best place to exchange -there are certain moneychangers in manila where rate will be higher -what area of manila are you staying or are you going to another island?

[irishman12]

Paid a visit to Iremit today and their rate is 66.40php to £ which is not great.
Anybody had a better rate recently
have you heard of cbn grupo
?

[stevewool]

airport is not the best place to exchange -there are certain moneychangers in manila where rate will be higher -what area of manila are you staying or are you going to another island?

all depends on if the extra 1 or 2 peso is worth the travel, the airport and the mall of asia was very close in price and in marikina also very close, then again fix a price you would like and go for it

[tiger31]

when I arrived here in 2011 I stayed at the mactan pension house and I needed to change some money so the g f went next door to a money changer and got 70 pesos for my pound when the rate was 67 work that one out its been down hill ever since then lol its always going to be what the dollar does i guess

[hawk]

why not get the dollar then change to peso as dollar up at moment

[stevewool]

we had some hong kong dollars when we landed in manila, and we got a better rate for those then pounds

[vernier caliper]

SM Business Center is giving a good exchange. Atleast P2 higher compared to airport rate.

[jonnijon]

easy way to work out the conversion steve is to remember 1000 peso is about 15 quid :smile:

[lastlid]

easy way to work out the conversion steve is to remember 1000 peso is about 15 quid :smile:

Thinking in 15's eh. I guess it works. :xxgrinning--00xx3:

Its the noughts that get me. I always have to check with a calculator in case I am a nought out, one way or another.

[stevewool]

Thinking in 15's eh. I guess it works. :xxgrinning--00xx3:

Its the noughts that get me. I always have to check with a calculator in case I am a nought out, one way or another.

best way to use the calculater, that way you know whether its a bargin, or you are just being ripped off, most shops work it out for you but i still get mine out just to be sure:xxgrinning--00xx3:

[hawk]

any 1 got link to iremit as when i put it in nothing to do with rates