Best Currency to Take When Traveling to the Philippines
Discover the best currency for travel to the Philippines, including tips on exchanging USD for PHP.
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Bring US dollars when traveling to the Philippines. USD is widely accepted for exchange and usually offers favorable rates compared to other currencies. Once there, you can convert USD to the local currency, Philippine Pesos (PHP), at banks, hotels, or official money changers. Ensure to have some small denominations for easier transactions.
FAQs & Answers
- Can I use US dollars in the Philippines? Yes, US dollars are widely accepted, especially in tourist areas.
- Where can I exchange USD for PHP? You can exchange USD for PHP at banks, hotels, and official money changers in the Philippines.
- What is the best way to carry money in the Philippines? It's best to carry a mix of cash in small denominations and a debit or credit card for larger purchases.
- Are there any fees for exchanging currency in the Philippines? Yes, exchange rates may vary and fees can apply, so it's advisable to compare rates before exchanging.