The Peso/Dollar Rate

During most of the time I have been in the Philippines, the dollar has been at unusually low levels relative to the Philippine peso. A few years ago, the rate was around 55:1.

Here’s the exchange rate for the time I’ve been here:

I arrived on June 1, with the rate just a bit over 43, and it dropped badly from there. By the end of June, it was below 42 and continued sinking to near 40. Starting in about May, it began a good climb and is now over 44.

But the dollar was below 42 for about eleven months of my stay. I consider this grossly unfair, and I demand to know where I apply for the compensation I’m due!