YER to PHP Exchange Rate - Convert Yemen Riyal to Philippine Peso

Converting from Yemen Riyal (YER) to Philippine Peso (PHP)

What is Yemen Riyal (YER)

The Yemen Riyal (YER) is the official currency of Yemen, a country located on the southwestern tip of the Arabian Peninsula. The Yemen Riyal is subdivided into 100 fils, but due to economic challenges, the use of fils has become largely obsolete in daily transactions. The currency is often represented by the symbol ﷼ or sometimes simply written as YER.

The Yemen economy has faced significant hardships over the years, particularly due to ongoing conflicts, political instability, and external economic pressures. As a result, the value of the Yemeni Riyal has been quite volatile and subject to rapid changes, deeply impacting its exchange rate against other currencies. Many Yemenis face high inflation rates, and the currency has depreciated, making conversions to stronger currencies a frequent necessity for trade and regular living expenses.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) serves as the official currency of the Philippines, an archipelago located in Southeast Asia. The currency symbol for the Philippine Peso is ₱, and it is also divided into 100 centavos. The Banko Sentral ng Pilipinas (BSP) is responsible for issuing the currency and managing the financial system of the country.

The Philippine economy has shown resilience over the years, with growth driven by sectors such as remittances, business process outsourcing, and agriculture. Consequently, the Philippine Peso is generally regarded as a more stable currency compared to the Yemen Riyal. However, like any currency, it can also be affected by various factors including economic policies, inflation rates, and global market conditions.

Currency Conversion: YER to PHP

When converting Yemen Riyals to Philippine Pesos, it is crucial to check the current exchange rate, as it fluctuates regularly due to market dynamics. One can find live exchange rates from banks, currency exchange providers, or financial websites to get a better understanding of how much one Yemeni Riyal is worth in Philippine Pesos.

The conversion formula can be represented as:

Converted Amount (PHP) = Amount in YER × Exchange Rate (YER to PHP)

For example, if the exchange rate is 1 YER = 0.012 PHP, then to convert 500 YER to PHP, you would calculate:

Converted Amount (PHP) = 500 YER × 0.012 PHP/YER = 6 PHP

Understanding the conversion from Yemen Riyals to Philippine Pesos is essential for businesses and individuals dealing with trade, travel, or relocation. It allows for informed financial decisions, especially in a global economy where currencies affect purchasing power and investment opportunities. Always make sure to consult up-to-date resources to ensure accurate conversions.

Yemen Riyal to Philippine Peso conversion table

YER to PHP conversion table

Yemen Riyal (YER)Philippine Peso (PHP)
1 YER0.23292581687 PHP
2 YER0.46585163375 PHP
3 YER0.69877745062 PHP
4 YER0.93170326749 PHP
5 YER1.16462908437 PHP
6 YER1.39755490124 PHP
7 YER1.63048071812 PHP
8 YER1.86340653499 PHP
9 YER2.09633235186 PHP
10 YER2.32925816874 PHP
100 YER23.29258168736 PHP
200 YER46.58516337473 PHP
300 YER69.87774506209 PHP
400 YER93.17032674945 PHP
500 YER116.46290843682 PHP
600 YER139.75549012418 PHP
700 YER163.04807181154 PHP
800 YER186.34065349891 PHP
900 YER209.63323518627 PHP
1 000 YER232.92581687364 PHP
2 000 YER465.85163374727 PHP
5 000 YER1 164.62908436818 PHP
10 000 YER2 329.25816873635 PHP
20 000 YER4 658.5163374727 PHP
50 000 YER11 646.29084368175 PHP
100 000 YER23 292.58168736351 PHP
Last updated March 13, 2025 at 08:55 PM