Guide on the Peso-US Dollar Exchange Rate for Today December 24, 2019 (Tuesday)
PESO-US DOLLAR EXCHANGE RATE – Here are the Philippine Peso and the United States (US) Dollar exchange rates today, December 24, 2019 (Tuesday).
A lot of Filipinos are working abroad as they are hoping to give their loved ones a better life in the Philippines. Undeniably, many consider that a single dollar abroad can be converted to at least Php 50.00 here in the country.
Usually, Pinoys working abroad or the overseas Filipino workers (OFWs) would send their loved ones money every week or at least every month. The amount can be sent through an international money remittance center like Western Union or through the bank.
Are you one of those who usually received the money from a family member or a loved one abroad? If yes, you must be taking a trip to the money exchange centers often.
With regards to the countries where there are a lot of Filipinos working for a better life in the Philippines, one of them is the United States. A lot of Pinoys flew to the U.S. as the country is known to be paying well and the numerous opportunities it offers for earning.
In fact, some Filipinos, because of their length of stay in the U.S., have already acquired a Green Card. It is like a permanent residency award and can make you freely enter the country.
With regards to the currency of the U.S., it is a dollar. One $1.00 is usually not less than Php 49.00 when converted peso. Not only money exchange centers are providing currency exchange services in the country but as well as banks.
One of the banks that offer the said service is the Landbank of the Philippines. It has different rates between the buying and selling categories. For today, December 24, 2019, here is the Peso-US Dollar exchange rate for buying and as well as for selling:
- For buying, USD 1.00 is equal to Php 50.50.
- For selling, USD 1.00 is equal to Php 51.00
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.
READ ALSO: Peso-Dollar Exchange Rate For Today December 23, 2019 (Monday)