Today’s Exchange Rate Of NZD to PHP
NZD TO PHP — Here is the exchange rate between the New Zealand Dollar and the Philippine Pesos today, August 31, 2022.
Pinoys from New Zealand are sending money to their family or loved ones in the Philippines, while Filipinos from the Philippines are receiving regular remittances from a family member or a loved one living or working in New Zealand.
NZD-PHP rate matters to you regardless of whether you are a receiver of money from a family member or a loved one in New Zealand or a sender of remittances to your family or loved ones. You can have your NZD converted to PHP through money exchange services and financial institutions.
The Philippines’ financial institutions offer money exchange rate services during weekdays — including the Philippine National Bank (PNB). Here is the New Zealand Dollar to Philippine Peso exchange rate for today, August 31, 2022:
1 New Zealand Dollar (NZD) to Philippine Peso (PHP)
- Buying: 31.89
- Selling: 35.24
Most Filipinos chose to live or work outside the Philippines as they want to earn a sustainable income and to also have a more comfortable and better life.
Even though the Regional Tripartite Wages and Productivity Board (RTWPB) has granted a wage hike to some regions in the Philippines, there are several countries that have a promising exchange rate of their currencies with the Philippine Peso.
With this, Filipinos chose to live or work abroad to help their families in the Philippines by sending remittances.
According to a report on BusinessWorld last August 29, BSP Governor Felipe M. Medalla said that the country’s dollar reserves remain at an “adequate” level despite slipping below the USD 100-billion level as of end-July.
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