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EUR/PHP - Live Converters & Chart

Euro to Philippine Peso - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

EUR to PHP interbank exchange rate = 58.6714

This calculator converts amounts at the latest PHP/EUR mid-rate or enter a rate to check the exchange rate you are being offered or already charged.

 

EUR / PHP converter & margin calculator

€EUR
₱PHP
Mid-rates:
 
 

Foreign Transfers Travel Money

Compare how much you can save on EUR/PHP exchange rates for:

Foreign Transfers Travel Money

Euro

Philippine Peso

1 EUR 58.67 PHP
5 EUR 293.36 PHP
10 EUR 586.71 PHP
20 EUR 1,173.43 PHP
50 EUR 2,933.57 PHP
100 EUR 5,867.14 PHP
250 EUR 14,667.85 PHP
500 EUR 29,335.70 PHP
1,000 EUR 58,671.40 PHP
2,000 EUR 117,342.80 PHP
5,000 EUR 293,357.00 PHP
10,000 EUR 586,714.00 PHP
50,000 EUR 2,933,570.00 PHP
100,000 EUR 5,867,140.00 PHP
See more

Euro

Philippine Peso

0.0170 EUR 1 PHP
0.0852 EUR 5 PHP
0.1704 EUR 10 PHP
0.3409 EUR 20 PHP
0.8522 EUR 50 PHP
1.7044 EUR 100 PHP
4.2610 EUR 250 PHP
8.5220 EUR 500 PHP
17.04 EUR 1,000 PHP
34.09 EUR 2,000 PHP
85.22 EUR 5,000 PHP
170.44 EUR 10,000 PHP
852.20 EUR 50,000 PHP
1,704.40 EUR 100,000 PHP
See more

Compare Actual EUR/PHP Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for EUR/PHP International Money Transfers. Total Costs are calculated when the amount when EUR is converted to PHP at the mid-rate without fees.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee EURTotal CostTransfer ServicesTransfer SpeedDeal Links
OFX logo
284,850 PHP
Best Overall
56.9702.88%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
TorFX logo
284,600 PHP
250 PHP
56.9202.96%Bank Transfers - Online & Phone1-2 days
HSBC logo
278,881 PHP
5,969 PHP
55.86€7.54.91%Online, Branch, Bank Transfers2-3 days
Deutsche Bank International Money Transfers
Deutsche Bank logo
276,210 PHP
8,640 PHP
55.8€505.82%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
276,086 PHP
8,764 PHP
55.35125.87%Online, Branch, Bank Transfers2-3 days
Santander International Money Transfers
Santander logo
274,498 PHP
10,352 PHP
55.12206.41%Online, Branch, Bank Transfers2-3 days
BNP Paribas International Money Transfers
BNP Paribas logo
274,379 PHP
10,471 PHP
55.43€506.45%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
273,631 PHP
11,219 PHP
55.1126.7%Online, Branch, Bank Transfers2-3 days
Bank of Ireland International Money Transfers
Bank of Ireland logo
272,844 PHP
12,006 PHP
55.12€506.97%Online, Branch, Bank Transfers2-3 days
Crédit Agricole International Money Transfers
Crédit Agricole logo
270,864 PHP
13,986 PHP
54.72€507.65%Online, Branch, Bank Transfers2-3 days
AIB Bank International Money Transfers
AIB Bank logo
269,726 PHP
15,124 PHP
54.49€508.04%Online, Branch, Bank Transfers2-3 days
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
269,190 PHP
15,660 PHP
54158.22%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:0
Exchange Rate:56.97 (2.88% from mid-rate)
PHP amount:284,850 PHP
Total Cost:2.88%
Time:
Rate Fetched: Tue May 21 2019 04:13:03 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:0
Exchange Rate:56.92 (2.96% from mid-rate)
PHP amount:284,600 PHP
Total Cost:2.96%
Difference:
250 PHP less than using OFX
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€7.5 EUR (.15%)
Exchange Rate:55.86 (4.77% from mid-rate)
PHP amount:278,881 PHP
Total Cost:4.91%
Difference:
5,969 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:55.8 (4.87% from mid-rate)
PHP amount:276,210 PHP
Total Cost:5.82%
Difference:
8,640 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:55.35 (5.64% from mid-rate)
PHP amount:276,086 PHP
Total Cost:5.87%
Difference:
8,764 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logoSantander

Santander: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:20
Exchange Rate:55.12 (6.03% from mid-rate)
PHP amount:274,498 PHP
Total Cost:6.41%
Difference:
10,352 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:55.43 (5.5% from mid-rate)
PHP amount:274,379 PHP
Total Cost:6.45%
Difference:
10,471 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:54.95 (6.32% from mid-rate)
PHP amount:273,631 PHP
Total Cost:6.7%
Difference:
11,219 PHP less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:55.12 (6.03% from mid-rate)
PHP amount:272,844 PHP
Total Cost:6.97%
Difference:
12,006 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:54.72 (6.71% from mid-rate)
PHP amount:270,864 PHP
Total Cost:7.65%
Difference:
13,986 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:54.49 (7.11% from mid-rate)
PHP amount:269,726 PHP
Total Cost:8.04%
Difference:
15,124 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:15
Exchange Rate:54 (7.94% from mid-rate)
PHP amount:269,190 PHP
Total Cost:8.22%
Difference:
15,660 PHP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
05/21/2019

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money ProvidersAmount PHP(₱)Exchange RateFee EURTotal CostCurrency ServicesDelivery/CollectDeal Links
Deutsche Bank Foreign Currency
Deutsche Bank logo
53,801 PHP
Compare amount
54.62€158.28%Branch-
BNP Paribas Foreign Currency
BNP Paribas logo
53,525 PHP
276 PHP
54.34€158.75%Branch-
Citibank Foreign Currency
Citibank logo
53,519 PHP
282 PHP
54.06€108.76%Branch-
Banks - Average Rate
Deutsche Bank logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
52,999 PHP
802 PHP
53.57€109.65%Branch-
Crédit Agricole Foreign Currency
Crédit Agricole logo
52,973 PHP
828 PHP
53.78€159.69%Branch-
Bank of Ireland Foreign Currency
Bank of Ireland logo
52,906 PHP
895 PHP
53.44€109.81%Branch-
AIB Bank Foreign Currency
AIB Bank logo
52,787 PHP
1,014 PHP
53.32€1010.01%Branch-
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
52,401 PHP
1,400 PHP
52.93€1010.67%Branch-
HSBC logo
52,080 PHP
1,721 PHP
52.08011.22%Branch-
Travelex Online logo
47,857 PHP
5,944 PHP
47.8572018.41%Online order, Branch pickup, Home delivery2-3 days
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:54.62 (6.89% from mid-rate)
PHP amount:53,801 PHP
Total Cost:8.28%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:54.34 (7.36% from mid-rate)
PHP amount:53,525 PHP
Total Cost:8.75%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:54.06 (7.84% from mid-rate)
PHP amount:53,519 PHP
Total Cost:8.76%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:51.79 (11.71% from mid-rate)
PHP amount:52,999 PHP
Total Cost:9.65%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:53.78 (8.32% from mid-rate)
PHP amount:52,973 PHP
Total Cost:9.69%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:53.44 (8.9% from mid-rate)
PHP amount:52,906 PHP
Total Cost:9.81%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:53.32 (9.1% from mid-rate)
PHP amount:52,787 PHP
Total Cost:10.01%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:52.93 (9.77% from mid-rate)
PHP amount:52,401 PHP
Total Cost:10.67%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
HSBC: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:
Exchange Rate:52.08 (11.22% from mid-rate)
PHP amount:52,080 PHP
Total Cost:11.22%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:undefined
Exchange Rate:47.8572 (18.41% from mid-rate)
PHP amount:47,857 PHP
Total Cost:18.41%
Time:
Rate Fetched: Tue May 21 2019 04:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
05/21/2019

PHP Country Guides
PhilippinesPhilippines

EUR/PHP - Historical Trends

This table shows historic rates and trends of Euro to Philippine Peso over periods upto 10 years.

PeriodChange*EUR/PHPDate
1 Day-0.02%58.816119 May 2019
1 Week-0.2%58.923013 May 2019
1 Month+1.19%58.114820 Apr 2019
6 Months-1.03%59.416821 Nov 2018
1 Year-4.46%61.545920 May 2018
5 Years-1.73%59.839721 May 2014
10 Years-10.54%65.728422 May 2009

*For period to 20-May 21UTC when EUR/PHP was 58.8036

You can use our EUR interactive charts to check EURPHP historic trends.

Outlook and forecasts for EUR and PHP

Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.

So it follows that if you are determining the best time to transact, in this case the EUR vs PHP, you should pay attention to the forecasts and trends for both Euro and Philippine Peso:

 

Euro (EUR) outlook

Against the dollar and pound, the euro remains weak: rates between $1.11 and $1.12 haven’t been seen since June 2017, and a rate of £0.85 was only half a percent above a new 2-year low. The euro fared better against the Australian dollar, with EUR/AUD rates slightly above 2018’s average at A$1.595.

Euro weakness has been driven by Brexit uncertainties (a “flextension” means that Brexit has been pushed back until October) and has followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 as part of an effort to lift the eurozone economy out of this “period of continued [economic] weakness.”

Read the full article Euro Forecasts.

 

Philippine Peso (PHP) outlook

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.

Why can't I just get the EUR/PHP market rate I see online or in the media?

The EUR/PHP mid-rate is the rate you will see quoted online or the news, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the EUR / PHP was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all EUR Exchange Rates