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The official currency on the Philippines is the Peso. Changing currency
on Malapascua is no longer a problem. Cocobana Beach Resort, for example,
accepts most common currencies traveler checks as well as cash. Preferred
form of payment is cash in Swiss Francs, Euros or US Dollars. The exchange rate
for the Philippine Peso usually fluctuates a lot over time:
1 Swiss Franc equals
about 44 Pesos, 1 Euro about
65 Pesos and 1 USD about 44 Pesos. This is just
to give you a rough idea of the exchange rate. For the daily rates please check
oanda.com
"Sea Explorers" scuba dive shop, next to the Cocobana Beach Resort,
also accepts credit card payments.
However, as common on the Philippines, a commission
will be charged for this mode of payment.
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