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Thread: Phil Peso or US Dollar????

  1. #1
    Respected Member Fitzy's Avatar
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    Question Phil Peso or US Dollar????

    Hi.

    As some of you may, know, I'm flying out to the Phils again this Sundy
    According to the XE Website, the Pound to the Peso is not so good at the moment, and is becoming worse

    Just looking for a general opinion here, wether or not to take dollars instead??
    The rate is 1.6 to the Pound roughly.

    Happy days
    Satellite/Cable TV/Radiocommunications specialist.


  2. #2
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    Unless you have a big pile of USD in your top drawer, I cant see the point in taking them and getting ripped off exchanging GBP into USD and then changing the USD into PHP. You are paying commission twice and having the rate skimmed twice.
    I've just come back from the Phil's about 3 weeks ago, using my debit card in the ATM's I was getting approx 73 PHP to a GBP, and at money changers in Manila was getting approx 72 PHP.


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    Quote Originally Posted by Fitzy View Post
    Hi.

    As some of you may, know, I'm flying out to the Phils again this Sundy
    According to the XE Website, the Pound to the Peso is not so good at the moment, and is becoming worse

    Just looking for a general opinion here, wether or not to take dollars instead??
    The rate is 1.6 to the Pound roughly.

    Happy days
    Take pounds and convert there, you should get 72 peso to the pound at any good money changer in the malls, be careful outside the malls.

    Try not to convert much at NAIA as you won't get anywhere near as good a rate as the malls.

    If you take dollars you are just paying two conversion fees, pounds to dollar here then dollar to peso there, bad idea

    Also have a backup, a cash card or credit card for emergencies.


    Jim


  4. #4
    Respected Member scottishbride's Avatar
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    Quote Originally Posted by Fitzy View Post
    Hi.

    As some of you may, know, I'm flying out to the Phils again this Sundy
    According to the XE Website, the Pound to the Peso is not so good at the moment, and is becoming worse

    Just looking for a general opinion here, wether or not to take dollars instead??
    The rate is 1.6 to the Pound roughly.

    Happy days
    I don't think there will be a problem if you take pounds note with you, Philippines have loads of Money exchange, you can exchange it easily to Peso. Have a good time in Philippines!! I am jealous I miss my family up there.


  5. #5
    Respected Member Fitzy's Avatar
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    Wink

    Thanks guys.

    I guessed as much.

    Just wanted to hear it from someone else

    Many thanks friends........
    Satellite/Cable TV/Radiocommunications specialist.


  6. #6
    Respected Member Fitzy's Avatar
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    Wink

    Quote Originally Posted by scottishbride View Post
    I don't think there will be a problem if you take pounds note with you, Philippines have loads of Money exchange, you can exchange it easily to Peso. Have a good time in Philippines!! I am jealous I miss my family up there.
    Thank you.
    I'll do just that.

    How's the weather up there???
    Satellite/Cable TV/Radiocommunications specialist.


  7. #7
    Respected Member jimeve's Avatar
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    Just changed a heap of £££££'s in Dumaguete, got 73.80, but iam in the finnest
    City in RP


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    Moderator Steve.r's Avatar
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    Take ££££'s Fitzy, the exchange rate isn't that bad. 73 yesterday. It was 76 in November, so not going to make that much difference. Have a great trip buddy.


  9. #9
    Respected Member Fitzy's Avatar
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    Quote Originally Posted by Steve.r View Post
    Take ££££'s Fitzy, the exchange rate isn't that bad. 73 yesterday. It was 76 in November, so not going to make that much difference. Have a great trip buddy.
    Will do Steve.

    Thanx.

    Chat soon
    Satellite/Cable TV/Radiocommunications specialist.


  10. #10
    Member mistermatty's Avatar
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    Was gettin 74 a few weeks ago using my Nationwide Debit card in the ATMs !


  11. #11
    Respected Member Sim11UK's Avatar
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    Is this the fifth trip out there now?
    Enjoy!
    Then another one in April, and again in August, if my memory serves me right??


  12. #12
    Respected Member Fitzy's Avatar
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    Quote Originally Posted by Sim11UK View Post
    Is this the fifth trip out there now?
    Enjoy!
    Then another one in April, and again in August, if my memory serves me right??
    Very good Si.

    You remember more than me
    Satellite/Cable TV/Radiocommunications specialist.


  13. #13
    Respected Member Sim11UK's Avatar
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    Quote Originally Posted by Fitzy View Post
    Very good Si.

    You remember more than me
    In that case (literally) don't forget to take some clean pants!


  14. #14
    Respected Member Fitzy's Avatar
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    Quote Originally Posted by Sim11UK View Post
    In that case (literally) don't forget to take some clean pants!
    Nahhhhhhh
    The family do my washing lol
    Poor them heheheheheheh
    Satellite/Cable TV/Radiocommunications specialist.


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