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Exchange rate going down

By Stevephoto in Philippines

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Stevephoto Proficient

Stevephoto   230

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Filed: Citizen (apr) Country: Philippines
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Just a "public service announcement!" The USD-PHP exchange rate now and projected is falling fast. I might suggest sending what you can now if you have a lot to send over the next few months. Projections have dropped from touching the 60 range to bottoming out around 50 mid-2023 (and that does not factor in the exchange rate differences that whatever your remittance service charges.

 

https://longforecast.com/usd-to-php-today-forecast

 

Yikes!

Mahalo/Salamat!

Steve and Joan
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