A week ago I went to the Philippines from Taiwan for a short visa. I exchanged some Taiwan dollars to Pesos at the government-run Bank of Taiwan and got ripped off big time (the spread was 30%).
Anyway, I ran out of money in a few days and heard of Coins.ph. They let you instantly cash out bitcoins at particular ATMs with no debit/credit card needed. I always carry around $100 worth of BTC in my wallet so I gave it a try.
I sent ~$60 over to my Coins.ph wallet, sold it for Filipino pesos, went to the nearest ATM, typed in some codes and got 3200 pesos for almost the same exchange rate as found on google. The difference was only 2.8% which I thought was fair given my other choice was to become a beggar.
We're still far from using Bitcoin for everyday stuff but it proves to be very helpful regardless (unlike bankster that can't wait to fuck you over).
Just wanted to share my experience with you guys.
Btw here's the link explaining the whole process.
tdlr; went to the Philippines, ran out of money, sold bitcoins for pesos, survived.