Thanks to all those who replied to my question: :Which is better to
have in the Philippines: U.S. dollars or Euros?"
Yes, I should only have one conversion: from U.Í. dollars into pesos.
Velty
-- In LivingInThePhilippi
<jsscshrry@.
>
> In addition, you will have to forecast two unknowns: (1) US dollar
> and euro relationship and (2) euro and peso relationship.
>
> Hard enough to forecast one of the unknowns, let alone two.
>
>
> --- In LivingInThePhilippi
> <rademamj@> wrote:
> >
> > In the end...you have converted twice, and have paid
> > two currency exchange fees. Unless you are holding
> > for the long term, it does not make sense. Just do
> > one currency conversion.
> >
> >
> >
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