20 Australian Coin to Philippine Peso: An Exchange Rate Guide
Are you planning a trip to the Philippines from Australia or vice versa? Or perhaps you're an online seller who needs to exchange currencies for your transactions? Whatever your reason, knowing the exchange rate between the Australian coin and the Philippine peso is crucial to get the best value for your money. In this article, we'll provide you with the current exchange rate and some helpful tips for exchanging your 20 Australian coin to Philippine peso.
Current Exchange Rate
As of the current date, the exchange rate is:
1 AUD (Australian Dollar) = 37.50 PHP (Philippine Peso)
So, if you have a 20 AUD coin, you can exchange it for:
20 AUD x 37.50 PHP/AUD = 750 PHP
Where to Exchange Your Money
There are several ways to exchange your Australian coin to Philippine peso. Here are some options:
Banks
You can visit a bank that offers foreign exchange services. They may have different exchange rates, so it's best to call ahead and compare rates. Some popular banks in Australia that offer foreign exchange services include Commonwealth Bank, Westpac, and ANZ.
Currency Exchange Offices
Specialized currency exchange offices, such as Travelex or Western Union, can also exchange your Australian coin to Philippine peso. They may have competitive exchange rates, but be sure to check their fees and charges.
Online Money Changers
If you prefer to exchange your money online, there are several websites that offer this service. Some popular online money changers include XE Money Transfer, PayPal, and TransferWise. Be sure to read reviews and check their exchange rates and fees before making a transaction.
Tips and Reminders
Here are some tips to keep in mind when exchanging your 20 Australian coin to Philippine peso:
- Check the exchange rate: Make sure to check the current exchange rate before making a transaction to get the best value for your money.
- Compare rates and fees: Research and compare the exchange rates and fees of different banks, currency exchange offices, and online money changers to find the best deal.
- Avoid exchanging at airports: Exchanging your money at airports often comes with higher fees and poorer exchange rates.
- Have your identification ready: Bring your valid identification, such as your passport or driver's license, when exchanging your money at a bank or currency exchange office.
Conclusion
Exchanging your 20 Australian coin to Philippine peso is a relatively straightforward process. By knowing the current exchange rate and where to exchange your money, you can get the best value for your money. Remember to compare rates and fees, avoid exchanging at airports, and have your identification ready to make the process smoother. Happy travels or online transactions!
