What is the best way to exchange USD into Philippines peso?

I am going to the philippines next month and i want to exchange $1,500 into pesos. would it be better if i exchange my money here in the USA or should I wait until I get into the philippines to exchange my money? Is there a fee to enter the manila international airport?|||Bring your ATM card AND cash - if you visit a smaller town you may not find an atm that accepts your foreign card. Your card must carry the Cirus or Maestro (spelling?) logo in order to operate overseas. Check with your bank before you depart.





Be aware that your local bank may charge a fee for using a foreign machine. My bank charges me $4 for this service so that impacts the net exchange rate you get. When you withdraw money make it big so you don't have to keep going back to the machine (P10,000 or more).





Be careful when exchanging cash in some of those street money changers. They're famous for short-changing people. Try the banks for exchanging cash....you may get a smaller rate but at least you'll receive all your money.





And, finally, don't worry too much about the exchange rate; remember, you could be worrying about $1 or $2 in $100....not a lot of money to you. Just enjoy your vacation.|||No fee to enter. Bring your atm and leave the cash in the bank.|||The Moneychangers in the Airport give a competitive rate.


There are other moneychangers out in town and the rates will be about the same. Never change money in a hotel, they give the worst rates.





You'll take a beating trading pesos for $ stateside if you can evan find them.





There is a P750 terminal use fee when you leave. They charge you nothing when you arrive.





You'll get the best rates on new 100$ bills. Make sure there is no writing at all or no tears in the bills or they won't accept them.|||It's like this. You need $100 notes.





Change at the Airport, bank rate..example....today's rate is 48.06, but bank rate is about 47.75....that's good. If you go to black market (you wouldn't know where to go), you get a little more..but you pay taxi and incur additional risks.





Don't change in USA.|||Theres also a limit of 10,000php before you have to declare it at the airport (you have to sign a customs declaration saying you have less than this), although there was another limit for foreign currency cash (which I cannot remember). No trouble declaring it but why make hassle for yourself when you can get it as needed from ATM's?





Plus having less cash is safer too!





Make sure that you have enough php to get from the airport to your hotel and get what you need as you need it after that.





Remember that airport taxis are quite expensive, you can save a lot by walking to arrivals and getting a normal taxi there (as they are all looking for return trip business). Agree a price or if you are not aware of correct cost, insist on the meter. If they don't want, take a different taxi!|||As the others say, don't change in the US, rather use an ATM. I usually use BPI. But last time I was there I recall being limited to a 10,000 P limit on a withdrawal. No worries, just make another transaction taking out another 10,000.