The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Philippines can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Philippines bank accounts or pay a Philippine peso invoice.
EUR to PHP Market Data
Euro (EUR) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to PHP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Philippine peso is to review how the EUR/PHP rate has changed over time.
The table below shows the percentage change in the EUR to PHP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The EUR to PHP exchange rate has been influenced by several recent developments stemming from both the Eurozone and the Philippines, alongside broader economic factors.
The EUR to PHP exchange rate is currently bearish. Key drivers include the ECB's decision to maintain interest rates, with President Lagarde noting that a stronger euro could dampen inflation. Meanwhile, monetary easing by the BSP is weakening the peso. Although economic growth in the eurozone is expected to improve, ongoing geopolitical tensions add uncertainty. The EURPHP is likely to stay within a steady range near the high of 69.28, above its 3-month average. Upside risks include a rebound in Germany’s consumer confidence, while downside risks arise from further BSP easing, potentially weakening the peso further against the euro.
EUR to PHP bearish as ECB holds rates steady; peso weakens from BSP easing. EURPHP could stay near 69.28 despite eurozone growth. Upside risks poor from Germany's consumer confidence rebound; downside risks exist with further BSP easing
@bestfxrates
EUR to PHP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to PHP?
The best EUR to PHP exchange rate is 69.12 from OFX . This is -0.3% compared to the mid-market rate 69.33.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Philippine peso (PHP) rates from different sources before making a conversion.
The above
Euro to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-PHP mid-rate and the possible savings of using various providers.
How do EUR-PHP rates compare between providers?
Looking at the full
EUR to PHP - Send Money comparison table the provider with the best EUR to PHP exchange rate is OFX at 69.12, -0.3% from the latest mid-market rate 69.33.
The next best is XE at 68.91, -0.61% from the mid-rate.
Then Wise at 68.75, which is -0.84% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: