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Dirham-Php exchange rate sustains uptrend

The dirham to peso exchange rate has continued its hike, delighting Filipino expat remitters.

The Philippine peso dropped between P14.09 and P14.12 per UAE dirham today, Oct 26, 2017, its lowest among the rates recorded since October last year, according to Mataf.net.

Is it the right time to change your currencies?

“The best day to change UAE dirhams in Philippine pesos [is] Thursday, 26 October 2017. At that time, the currency had reached its highest value,” Mataf.net said.

Yesterday, Oct. 25, the Philippine peso also plunged to P14.1064 from the Tuesday’s P14.08 per UAE dirham.

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