In the major cities of the Philippines major
International credit card are generally widely accepted. There are
some important tips however that could help save you a lot of
money when to comes to exchanging cash.
As the Philippines is still very
much a developing nation (if that is the correct
political term of late) the US$ is the best currency to
carry with you. Therefore, we STRONGLY recommend that no
matter where you are coming from, you purchase US$ BEFORE
you leave your country of origin.
To give you an example of just how much you
could save if you did the above rather than to bring Thai Baht with you instead
of US$. In Thailand 10,000 Baht is equal to roughly to
US$ 238 (Feb 2001) If you were to change US$ 238 into
Pesos in the Philippines you would get roughly 11,186
Pesos. If however, you brought the Thai Baht to the
Philippines and changed them directly into Pesos in the
Philippines, Thai Baht 10,000 would give you 9,700 Pesos
That means if you were to have brought US$
with you in the first place you would have saved 1,486
Pesos or roughly US$ 32. This is quite a saving and US$
32 can go a long way in the Philippines.
Also a lot of
hotels do not change certain currencies and this
includes some of the major international hotels. The
Shangri-La Edsa for example does not change Thai Baht or
some other major currencies.
Foreign Currency and Converter.
covering the Philippines:
Hotels in Manila,
Hidden Hotel Costs in Manila Hotels,
Restaurants in Manila,
Bars in Manila,
Money and Exchange Warning in the Philippines,
Money Tips and Currency Converter,
General Information on Manila,
Hotels in Cebu,
Restaurants in Cebu,
General Information on Cebu,
General Information on Palawan,
General Information on Boracay,
Transport in the Philippines,
Pictures of the Philippines.
See other recent news regarding: