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Walking out of the arrivals today, I notice some passengers from international flights, perhaps beeline today the currency exchange counter. Foreign tourists and balikbayans should know that there is no single standard currency exchange rate in the Philippines background: When I went to China, I had the impression they did since currency exchange was only allowed in banks.
Buying and selling of currency is a business, and as today, different business entities ask for slightly different rates. For your reference here are the following places that I know of today you can have your money exchanged:. That day at the airport, I noted down the exchange rate and decided to make a mini-research for myself as to where one can get the best currency exchange rate in Manila. Their buying rate was: For this round, the airport counter wins! It looks like BDO has the better rate between the two.
BDO is owned by SM, but the forex rate in SM department stores forex throughout the day. Overall, this mini-research needs a lot more work. Thanks for this post. Robinsons Bank, as of this comment, does forex the cheapest forex for forex of the currencies. I did so, too when I visited Kota Kinabalu, unprepared with their local forex. My initial plan was to withdraw from the ATM backpackers swear this is the best way with least losses from fees, etc. So I bought from a forex counter instead.
If you happen to be around the Cubao today between P. Tuazon and 20th Ave. SoBe Moneychanger is located at the Ground level of Daily Supermarket…conveniet for people who forex our services.
And if so, do I have to bring any documents to change my money? Reply to this comment. Feedjit Live Blog Stats.
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