EUR to PHP exchange rate today, Monday, January 29, 2024
Details of today’s euro to peso exchange rate
euro to peso – This is the Euro Dollar to Philippine Peso exchange rate today, Monday, January 29, 2024.
Many Filipinos work abroad. European countries are among them. The exchange rate between the currencies of European countries and the Philippines can change from time to time – even daily. For today, Monday, January 29, 2024, here it is euro to philippine peso course according to Asia United Bank (AUB):
| Currency | a course |
|---|---|
| (Purchasing) euros into pesos | 1 euro dollar is P60.2816 |
Truth be told, these people bravely resisted the unknown fate that awaits them in other countries in order to provide a brighter future and a more comfortable life for their families and loved ones.
Remuneration abroad for several jobs and professions is higher compared to what can be earned in the Philippines, so some people take the risk of working away from their families to earn more than EUR to PHP conversion.
Among the countries that have many overseas Filipino workers (OFWs) are European nations. That includes Germany, FranceItaly, Portugal, Belgium, Spain, Greece, Austria, Netherlands, Finland and Ireland.
For most OFWs, they send a larger amount of what they earn abroad to their families in the Philippines. Here is the role Euro to Peso the exchange rate plays because it affects how much the families of these OFWs in European countries would receive.
If the peso is weak against the euro, OFW families in European countries could receive a larger amount of what their loved ones send them from abroad. Usually, the budget is divided into bills for utilities, food, children’s education and investments.
Most OFWs really make sure to invest a lot while working abroad realizing that their jobs abroad are not permanent. Also, many of them want to save a lot, so the time will come when they no longer have to work away from their families.
Philnews.ph also compiled another exchange rates for converting foreign currencies into pesos as well as the Peso to foreign currencies.
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