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REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUENOB, Diliman, Quezon CityDate: April 29, 2024 Quotation/PR No. 202404201 ___ ___ ___ ___Please quote your lowest price quotation
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Determine the currency pair you want to get a quote for, e.g., USD/EUR.
02
Look up the current exchange rate for the currency pair.
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Fill out the quote by entering the currency pair, exchange rate, and bid/ask price.

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Quotes refer to the current price of a currency in terms of another currency. Currency rates are the exchange rate between two currencies.
Financial institutions, currency exchange businesses, and individuals who deal with foreign currency transactions are required to file quotes and currency rates.
Quotes and currency rates can be filled out manually or electronically through designated reporting platforms provided by the relevant authorities.
The purpose of filing quotes and currency rates is to provide transparency and ensure accurate exchange rate information for businesses and individuals involved in foreign currency transactions.
The information that must be reported includes the currency pairs, bid and ask prices, volume of transactions, time of reporting, and any additional relevant details.
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