Filipino expats who are planning to send money back to their loved ones in the Philippines can get a decent amount with current exchange rates improving to Dh 1 = Php 13.90, according to the latest advisory from Sharaf Exchange – with rates in an upward trend as of press time.
The value has risen from last week’s Php 13.87 as the exchange rate continues to improve in favor of OFW remitters just in time and with Sharaf Exchange being easily accessible across the UAE with more than 30 locations in key areas of the UAE, Filipinos can easily gain visit any of their branches including the Dubai International Airport, Times Square, Mall of the Emirates, Ibn Battuta Mall, and more.
Latest reports from Central Bank has revealed that Filipinos rank 3rd among the country’s remitters, sending a total of Dh 3B for the first three months of the 2019.
In addition, Sharaf Exchange is also widely known for their progressive loyalty program aptly called “Usrati”. ‘Usrati’ is an Arabic word which in itself means ‘My Family’ making it a fitting title of a program that enables members to not only participate in a rewards program, it also empowers their members to head home during times of emergencies.
Sharaf Exchange can be reached Toll free at 800-8111 for any clarifications required on their exchange rate, promos, as well as their popular Usrati program.
