Guide on USD to PHP Exchange Rate Today in the Philippines
USD TO PHP EXCHANGE RATE TODAY – You can check the details regarding the exchange rate between the US Dollar and the Philippine Peso currencies today, December 8, 2023.
Countless Filipinos are in foreign countries in their pursuit to give their families and loved ones a comfortable life. Truth be told that the higher compensation in other countries are what these overseas Filipino workers (OFWs) are after so they can fully support the needs of their families.
What is contributory to these higher compensations is not only the fact that the salaries abroad are higher but as well as the exchange rates. When a Dollar is converted to Peso, it can be of bigger value and can yield a much bigger amount.
Across the globe, one of the countries with a lot of Filipino workers is the United States. Most often, the US Dollar to Philippine Peso exchange rate does not fall below Php 53.00 for every US Dollar.
As many OFWs are working in the United States, every day, there are also countless Pinoys who are checking out the USD to PHP exchange rate. For today, December 8, 2023, which is a special non-working day in the Philippines, here is Western Union’s exchange rate between the two (2) currencies:
1.00 USD = 54.3151 PHP
Most banks in the Philippines are close today due to a special non-working day announcement for the celebration of the Immaculate Conception. One of the huge entities offering money conversion services and usually operates even on holidays is the Western Union.
With today’s USD to PHP exchange rate of the Western Union, converting $100 to Philippine Peso, it will yield Php 5,431.51. A lot of overseas Filipino workers (OFWs) in the United States prefer to send money to their loved ones in the Philippine through this international money service provider. In this way, they can have their money converted right away during claiming.