Rates Are Up! Get Your Dollars Out From Under The Mattress!

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OnMyWay
Posted
Posted

The dollar peso hit about a 12 year high this week at 52.66, settling back for the weekend at 52.61.  Here is a 20 year chart.  The peak was around the beginning of 2004 at close to 60.  The trend from the most recent bottom in 2008 seems slow and steady, a good sign for further upward movement.  Or maybe not!

Screenshot (234).png

For Hounddriver, here is the same 20 year chart for CAD.  You are doing ok the past few years!

Screenshot (236).png

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Dave Hounddriver
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12 hours ago, OnMyWay said:

Hounddriver, here is the same 20 year chart for CAD.  You are doing ok the past few years!

Thank you for thinking of me.  :thumbsup: and yes, we Canadians have been doing OK (touch wood) for the last while.  It was touch and go when the CDN $ got down to about 33 - 1 but now I get about 41- 1 on average which is comfortable for me.  

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Clermont
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I'm one of the lucky ones, I just pick the time to send money to the wife's bank account. When we shift over there I'll be keeping my Ozy bank account and transferring when it suits me. We use that money when we go over. :thumbsup:

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OnMyWay
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For the first time ever in my 5+ years here, I withdrew $ from BPI and took them to Villarica to exchange.  $2500 at 52.47.  I probably could have got 52.35-52.40 at BPI, so I made and extra 2500 X 7-12 centavos, about 175-300 pesos, by going to a outside changer.

Not worth it, due to time and security.  My wife wanted to try it.

XE was 52.57 when I left the house.  Right now, 52.59.

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Dave Hounddriver
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2 minutes ago, OnMyWay said:

I made and extra 2500 X 7-12 centavos, about 175-300 pesos . . . My wife wanted to try it.

if you don't want they extra few hundred pesos she is probably thinking you should give them to her. :whistling:

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  • 2 weeks later...
OnMyWay
Posted
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52.92 on XE this weekend!  53 here we come!

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scott h
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10 hours ago, OnMyWay said:

53 here we come!

woot woot,,,,,,go baby go

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OnMyWay
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53.06 on XE right now!  :chickendance:

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Dave Hounddriver
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55 minutes ago, OnMyWay said:

53.06 on XE right now!  :chickendance:

Not sure why the dancing chicken but it works for me.  :hystery:

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robert k
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Glad to hear it. I have some just because money coming in. I can't really complain about the rates I have been getting recently.

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