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  1. #1

    Default Dollar to Peso Conversion


    Hi,

    I am just wondering when will the best time be in converting your dollar savings to a peso savings. Currently, the peso-dollar rate is at around P41.50 and this continues to decrease over time. Is there a possibility that the conversion will go up again?

  2. #2
    it's a big question especially now the holiday season is fast approaching, more dollars will be remitted to pinas. most of the dollar earners now agonizing the pain of lowest exchange rate

  3. #3
    True. But any enlightenment from someone who has knowledge about this is appreciated. Naglibog ko when nako ipa exchange kay mag sige lang ka ubos ang exchange rate.

  4. #4
    last nights close is 42.55, this time until Jan 2011 is the best time to buy, not to sell dollars

  5. #5
    Quote Originally Posted by wang_AN_YU View Post
    True. But any enlightenment from someone who has knowledge about this is appreciated. Naglibog ko when nako ipa exchange kay mag sige lang ka ubos ang exchange rate.
    lugi kag samot kung i-keep pa na nimu..

  6. #6
    I see. Thank you for the heads up bro. Dili lang xa nako ni paconvert.. hehe

  7. #7
    the holiday season is fast approaching. hold on to it lng sa bro..down gyud na ang dollar kung hapit na pasko..

  8. #8
    Quote Originally Posted by wang_AN_YU View Post
    Hi,

    I am just wondering when will the best time be in converting your dollar savings to a peso savings. Currently, the peso-dollar rate is at around P41.50 and this continues to decrease over time. Is there a possibility that the conversion will go up again?
    makahuwat man kaha ka? if ye, wait for February or March kay minos na padala so mosaka na balik. But if you have to use it soon, pa change na kay I wont be surprised if mo drop na upto 40 per dollar.

  9. #9
    Yes, I can wait. Sige, magpaabot nlang cguro ko. Thanks everyone! Any additional info though aside ani will help on whats the basis sa pagsaka ug pag ubos sa peso-dollar conversion.

  10. #10
    Quote Originally Posted by wang_AN_YU View Post
    Yes, I can wait. Sige, magpaabot nlang cguro ko. Thanks everyone! Any additional info though aside ani will help on whats the basis sa pagsaka ug pag ubos sa peso-dollar conversion.
    daghan factors but Ill give you some that I know of.

    mo mahal ang dollar vs peso: (45:1)

    If mokusog ang US economy
    naay magbuang buang nga politico, terrorista, police, or companya diri sa Pinas

    mo barato ang dollar vs peso: (40:1)

    xmas season - magbaha ang padala
    maayo ug performance ato economy
    modaog si Pacquiao , nindut baya jud ang stock performance kada daog niya.

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