Euro to Philippine Peso (EUR/PHP) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
EUR to PHP Conversion Table
Common amounts converted from Euro to Philippine Peso at today's rate.
| Euro (EUR) | Philippine Peso (PHP) |
|---|---|
| 1 EUR | — |
| 5 EUR | — |
| 10 EUR | — |
| 25 EUR | — |
| 50 EUR | — |
| 100 EUR | — |
| 250 EUR | — |
| 500 EUR | — |
| 1,000 EUR | — |
| 5,000 EUR | — |
| 10,000 EUR | — |
| 50,000 EUR | — |
How much Philippine Peso will you actually receive?
Estimated cost to convert EUR 1,000 to PHP with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | PHP received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare EUR to PHP providers
The EUR/PHP corridor handles significant transfer volume. If you send money regularly between Euro and Philippine Peso, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
EUR/PHP rate statistics
Is today's EUR/PHP rate good or bad?
We compare today's live Euro to Philippine Peso mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, EUR holders get more Philippine Peso per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Philippine peso is heavily influenced by overseas remittance flows and BSP monetary policy. Remittance services compete aggressively on this corridor, so comparing providers can yield meaningful savings.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the EUR/PHP exchange rate?
The EUR/PHP rate tracks how many Philippine Peso one Euro buys. The euro is the world's second most-traded currency and the official money of 20 EU nations. Pairs involving EUR are primarily driven by ECB monetary policy, eurozone growth data, and relative interest rate expectations.
EUR is issued by the European Central Bank (ECB) (ranked 2nd globally - meaning it's the 2nd most bought and sold currency in the world). PHP is issued by the Bangko Sentral ng Pilipinas (BSP) (ranked 28th). Full EUR profile | Full PHP profile
Euro to Philippine Peso is popular with travellers to the Philippines and the large Filipino diaspora sending remittances home.
Is today's EUR/PHP rate good or bad?
The Euro to Philippine Peso mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The EUR/PHP corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Euro to Philippine Peso? Read this first
Sending money to the Philippines? Remittances account for roughly 10% of the Philippine economy. Services like Wise compete aggressively on this corridor, often offering better rates than banks.
Watch out: Banks typically charge 3-5% on EUR to PHP transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- Eight euro coins exist but only seven of the EU's founding members chose to include a common European map design - each country mints its own unique reverse side.
Frequently asked questions
Is now a good time to convert EUR to PHP?
The right time to convert depends on your personal circumstances rather than market timing. Check the rate panel above to see where EUR/PHP is trading relative to recent levels - some remitters watch for periods when the euro strengthens against the Philippine peso to maximize the pesos they receive.
Consider your timeline: if you need to send money soon for expenses or emergencies, the current rate may matter less than getting funds to your recipient quickly. If you have flexibility, tracking this pair over weeks can reveal patterns in how the European Central Bank's policy and Philippine economic conditions move the rate.
What moves the EUR/PHP exchange rate?
EUR/PHP responds to interest rate decisions from both the European Central Bank and the Bangko Sentral ng Pilipinas - when the ECB raises rates, the euro typically strengthens, while BSP rate moves affect peso demand. Economic growth data from the eurozone and Philippines also matter: stronger eurozone GDP or manufacturing data tends to lift EUR/PHP, while Philippine export performance and inflation figures influence the peso.
Risk sentiment plays a role too - during periods of global uncertainty, investors often favor developed-market currencies like the euro, pushing the pair higher. Remittance flows themselves can move the pair on days when large transfers from overseas Filipino workers arrive.
Will Euro get stronger or weaker against Philippine Peso?
We don't forecast currency direction, but you can monitor the factors that have historically influenced EUR/PHP to form your own view. Watch the rate panel above to see current trading levels, then track how the pair responds to European Central Bank policy meetings, Philippine inflation data, and global economic developments.
The chart on this page shows you the historical range and recent trends - comparing where the pair trades now against where it's been can help you understand whether the euro appears relatively strong or weak. Your decision should depend on your specific timeline and whether you need to lock in a rate or can wait for more favorable movement.
How can I avoid fees when converting EUR to PHP?
Most remittance providers and banks charge either percentage-based fees or flat fees on EUR to PHP transfers, so comparing options before sending is essential. Dedicated remittance services often advertise lower fees than traditional banks, though they may have minimum transfer amounts or longer processing times.
The comparison table on this page shows different providers' fees and rates side by side - look beyond just the fee percentage and check the all-in cost including the exchange rate markup they apply. Some providers waive fees for first-time users or larger amounts, so asking about promotions can reduce your overall cost.
Should I exchange Philippine Peso at home or abroad?
This question reverses the typical EUR to PHP remittance flow - you're asking about converting pesos back to euros before traveling to Europe. Exchange rates at Philippine banks and airports usually include wider markups than specialized currency dealers, so checking rates at local money changers in the Philippines versus getting euros before you leave can reveal significant differences.
If you're based in Europe, ordering Philippine pesos before arrival typically costs less than exchanging at Manila airports, which add premium markups. The rate panel above shows you the real market rate - any quote you receive from a provider will be weaker than this, so compare multiple quotes to find the smallest markup.
How far does Euro go in the Philippines?
The purchasing power of euros in the Philippines depends on where you spend them and what you buy - tourist areas and establishments accepting foreign currency typically offer poor rates compared to using pesos directly. A single euro buys less in urban Manila restaurants and hotels than in provincial towns where everyday goods cost less.
Check the rate panel above to convert your euro amount to pesos at the current market rate, then research typical prices for your planned expenses in the Philippines - accommodation, food, and transportation costs vary widely by location. Your recipients in the Philippines will find pesos more useful than euros for everyday transactions, so converting through a remittance service makes more practical sense than bringing physical euros.
What is the cheapest way to send EUR to PHP?
Remittance specialists like Wise, OFX, and similar providers typically offer better combined rates and lower fees than traditional banks for EUR to PHP transfers, though speed and minimum amounts vary by service. Online-only platforms generally compete on price more aggressively than bank branches, and the comparison table on this page lets you see fees and rates side by side.
Direct bank transfers from your European account to a Philippine bank account sometimes work well for larger amounts where percentage-based fees matter less, but require coordination with your recipient's bank. Processing time matters too - the cheapest option isn't valuable if your recipient needs the money urgently, so balance cost against how quickly the pesos must arrive.
What is the best time to exchange currency at BDO?
BDO (Banco de Oro), one of the Philippines' largest banks, updates its EUR/PHP rates throughout each business day, but we don't recommend specific timing to exchange there. The chart above shows historical EUR/PHP movement - you can use that to identify whether the euro typically strengthens at certain times of week or month, though past patterns don't guarantee future results.
BDO's rates are set by their treasury desk and reflect broader market conditions, so their best rate on any day depends on eurozone and Philippine economic news released that morning. If you have flexibility, checking BDO's quoted rate multiple times before committing lets you see whether the pair moves in your favor, but expecting to catch the daily high point is rarely realistic.
What is the BDO exchange rate today?
We don't display historical snapshots of specific bank rates, as they change throughout the day and our data updates only periodically. Use the rate comparison table on this page to see what BDO and other major Philippine banks are currently quoting for EUR to PHP, or visit BDO's website directly for their live rate.
Remember that BDO's retail rate (what customers receive) includes a markup above the market rate shown in the rate panel above - the difference is their profit margin. If you're comparing options, check multiple banks and remittance services at roughly the same time to ensure fair comparison.
What is the best day to exchange currency?
Currency markets operate 24 hours a day during the week, so the "best day" depends on when market-moving economic data arrives rather than day of week alone - European Central Bank announcements, Philippine inflation reports, or global economic news can shift EUR/PHP significantly. Historically, some research shows Monday or Friday volatility differs from midweek trading, but these patterns aren't reliable enough for tactical timing.
The chart above shows you recent daily movement - if you have flexibility across several days, comparing the rate each day before you commit lets you see whether the euro is strengthening or weakening relative to your receipt date. For most remitters, certainty of timely delivery to your recipient matters more than hoping for the ideal rate.
How much is $100 US in the Philippines today?
You're asking about USD to PHP, not EUR to PHP - while related, the US dollar's exchange rate to the peso differs from the euro's path. Check the rate comparison table on this page or search for the USD/PHP pair to find the current peso value of 100 US dollars.
The Bangko Sentral ng Pilipinas publishes USD/PHP rates that banks and remittance providers use as reference points, though individual institutions add their own markups. If you're converting euros instead of dollars, use the EUR/PHP rate panel above and compare the purchasing power to help with your budgeting.
What's the best exchange rate right now?
The "best" rate for EUR to PHP depends on which provider you use - the rate panel above shows the real market rate, but every bank and remittance service applies a markup when converting your euros to pesos. Check the comparison table on this page to see what different providers are currently offering, as the gap between the cheapest and most expensive can be substantial.
Rates change constantly based on European Central Bank policy, Philippine economic data, and global market conditions, so the "best" rate you see today may shift by tomorrow - if you're ready to send, comparing 2-3 reputable providers at the same moment gives you the clearest picture of your options.
Learn more
- ECB Euro Reference Rates - Official daily EUR rates from the European Central Bank
- BSP - Exchange Rates - Bangko Sentral ng Pilipinas daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.