Convert 1240000 Philippine Peso (PHP) to Euro (EUR)
Exchange rates used for currency conversion updated on November 24th 2024 ( 11/24/2024 )
Below you will find the latest exchange rates for exchanging Philippine Peso (PHP) to Euro (EUR) , a table containing most common conversions and a chart with the pair's evolution.
The Philippine Peso (PHP) to Euro (EUR) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Philippine Peso and Euro on 11/24/2024 is 1 PHP = 0.0163 EUR - AVERAGE intraday quotes were used for this currency conversion.
Convert 1240000 PHP / 1240000 EUR to major currencies
The official currency of the Philippines is the Philippine peso. The peso is subdivided into 100 centavos and comes in denominations of 10, 20, 50, 200, 500, 1,000 and 2,000 pesos. The US Dollar is readily accepted throughout the country for currency exchange as well as payment in many cases. Those looking to exchange foreign currency should check with banks. Although moneychangers are readily available, many are less than trustworthy.
About Euro (EUR)
Governed by the Eurosystem, comprised of the European Central Bank and the central banks of each represented member state, the euro is a currency that reflects an aggregate of 17 of the 27 European Union member states. It is the second most used world reserve currency, involved in over 20% of traded currency pairs, used by over 500 million people worldwide, the largest worldwide currency in circulation, and its member states represent 14.6% of world GDP.
