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  1. VtEC's Avatar
    VtEC
    VtEC is offline Tsikot Member Rank 4
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    July 10th, 2007 06:20 PM #1
    need your ideas peeps.Is it wise to convert my dollars to euro before sending it to philippines?I think the process is profitable when i finally convert them to peso. I need your views on this matter.TIA
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  2. wildthing
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    July 10th, 2007 06:27 PM #2
    ipatanong mo muna ang buying price ng euros dito sa pinas... wala gaanong demand dati sa euros kaya kahit sa libro ay mataas ang exchange rate nito, sa buying e parang US dollars lang din....

    hindi ko lang alam nowadays kasi mataas na ang euros sa US $
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  3. VtEC's Avatar
    VtEC
    VtEC is offline Tsikot Member Rank 4
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    July 10th, 2007 06:36 PM #3
    parang ang lumalabas kasi is $=P45.65 and Euro is P60.82.problema lang parang limited ang banks na nagpapalit
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  4. wildthing
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    July 10th, 2007 06:42 PM #4
    ganun nga... limited lang... pero maybe you can open a Euro bank account here instead?!?
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    _Qwerty_
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    July 10th, 2007 06:48 PM #5
    baka lalo kang malugi sa palitan..

    correct me if i'm wrong pero I think that the USD is the only recognized foreign currency in banks.. so kung magpapadala ka nang kahit anong currency sa Phil. banks.. they convert it first to USD then convert to PHP.

    So kung papalitan mo yang USD mo to EURO.. then send it here.. pag pasok sa Philippine clearing house nyan.. coconvert din nang USD yang EURO.. then USD to PHP..

    sa kakalipat nang currency eh baka you end up losing more..

    confirm nyo din sa local banks here to be sure.. ganyan kasi nangyayari if we send AU$ to PHP accounts.. AU$ to US$ to PHP
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  6. wildthing
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    July 10th, 2007 07:12 PM #6
    accepted na rin ang yen and euros on major banks - metrobank, bpi and banco de oro (yata).
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  7. VtEC's Avatar
    VtEC
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    July 10th, 2007 07:15 PM #7
    Quote Originally Posted by Dvorak View Post
    baka lalo kang malugi sa palitan..

    correct me if i'm wrong pero I think that the USD is the only recognized foreign currency in banks.. so kung magpapadala ka nang kahit anong currency sa Phil. banks.. they convert it first to USD then convert to PHP.

    So kung papalitan mo yang USD mo to EURO.. then send it here.. pag pasok sa Philippine clearing house nyan.. coconvert din nang USD yang EURO.. then USD to PHP..

    sa kakalipat nang currency eh baka you end up losing more..

    confirm nyo din sa local banks here to be sure.. ganyan kasi nangyayari if we send AU$ to PHP accounts.. AU$ to US$ to PHP
    wildthing is right, i must have a euro account first.pero nagpaconfirm na me sa sa pinas nagpapalit sila ng euro.

    Dvorak, thanks din sa info.all along kasi kala ko meron din account for Aussie dollar kaya pwede mo e withdraw yon na aussie dollar din just like sa US$
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Help..dollar to euro conversion