Best places in Philippines

Known for its sunny beaches, stunning scenery and the rich biodiversity of its flora and fauna, the Philippines is a popular tourist destination: During 2014 (the most recent data available), this land of 7, 000+ islands hosted more than 4.8 million international tourists, according to United Nations World Tourism Organization (UNWTO)s "Tourism Highlights, 2015 Edition" report.

If you are planning to become one of them soon, you’ll probably need to exchange some of your home currency for Filipino pesos (PHP). Here's how to do it.

The First Stop

Airport currency-exchange kiosks typically offer a relatively poor deal, but they do offer convenience, especially if you are arriving exhausted after a long trip with no local coin in your pocket. Manila Ninoy Aquino International Airport (MNL) has several currency exchange facilities. Since you're going to take a hit on the rate, do what savvy travelers do and convert only as much cash as you need to get the trip started (taxi ride to the hotel or that first meal). Wait until you can hit a place with better rates to exchange more money.

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