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EUR to PHP Rates - 2026 Forecast

Analysis of recent euro → peso forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Philippine peso performance and trends.

 

EUR/PHP Outlook:

The EUR/PHP rate is likely to decrease as it is currently trading 1.1% below its recent average and is near recent lows. The ongoing monetary policy easing by the Bangko Sentral ng Pilipinas is applying pressure on the peso.

Key drivers:

• Rate gap: The European Central Bank is maintaining interest rates, while the Bangko Sentral ng Pilipinas is easing, which weakens the peso versus the euro.

• Risk/commodities: Oil prices are at 90-day highs, impacting the Philippine economy, where higher oil costs can increase inflation and reduce demand for pesos.

• One macro factor: A 23.8% decline in foreign direct investment in the Philippines is raising concerns about the peso's long-term stability.

Range:

Expect EUR/PHP to drift lower within its recent range of 67.89 to 70.98 as market conditions remain volatile.

What could change it:

• Upside risk: A rapid recovery in foreign direct investment could boost the peso.

• Downside risk: Further monetary easing by the BSP may exacerbate depreciation pressures on the peso.

EUR-PHP Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to PHP Market Data

Euro (EUR) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy PHP
1 EUR =
68.23We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d+0.3%▲
 
EUR to PHP at 68.24 is 1.1% below its 3-month average of 69.02, having traded in a quite stable 4.6% range from 67.89 to 70.98
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  1 PHP = 0.014656 EUR

Compare & Save - Euro to Philippine peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Philippine peso (PHP) rates from different sources before making a conversion.

Use our EUR to PHP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Peso currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Philippine peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Philippine peso current value is to look the EUR/PHP historic rate and change over a range of periods.

The following table looks at the change in the EUR to PHP exchange rate over periods from the previous week back to the last 10 years.

DateEUR/PHPChangePeriod
13 Feb 2026
68.66
1% ▼2 Week
29 Nov 2025
68.00
0% ▼3 Month
27 Feb 2025
60.29
12.7% ▲1 Year
28 Feb 2021
58.86
15.5% ▲5 Year
01 Mar 2016
51.39
32.3% ▲10 Year
04 Mar 2006
61.52
10.5% ▲20 Year
EUR/PHP historic rates & change to 27-Feb-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more