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Best Exchange Rates

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EUR to PHP - Compare Exchange Rates

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.

 

Compare 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. Costs are calculated against the amount when EUR is converted to PHP at mid-rate.

Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes

EUR-PHP Foreign Transfers - Compare

Foreign Transfer Providers
Ratings & Reviews
Receive PHP(₱)Exchange RateFee EURTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
291,450 PHP
Best Overall
58.2903.38%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
291,150 PHP
300 PHP
58.2303.48%Bank Transfers - Online & Phone1-2 days
HSBC logo
285,321 PHP
6,129 PHP
57.15€7.55.41%Online, Branch, Bank Transfers2-3 days
Deutsche Bank International Money Transfers
Deutsche Bank logo
282,645 PHP
8,805 PHP
57.1€506.3%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
282,470 PHP
8,980 PHP
56.63126.36%Online, Branch, Bank Transfers2-3 days
BNP Paribas International Money Transfers
BNP Paribas logo
282,200 PHP
9,250 PHP
57.01€506.45%Online, Branch, Bank Transfers2-3 days
Santander International Money Transfers
 
Santander logo
280,822 PHP
10,628 PHP
56.39206.9%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
280,286 PHP
11,164 PHP
56.44127.08%Online, Branch, Bank Transfers2-3 days
Bank of Ireland International Money Transfers
Bank of Ireland logo
279,131 PHP
12,319 PHP
56.39€507.46%Online, Branch, Bank Transfers2-3 days
Crédit Agricole International Money Transfers
Crédit Agricole logo
277,151 PHP
14,299 PHP
55.99€508.12%Online, Branch, Bank Transfers2-3 days
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
276,867 PHP
14,583 PHP
55.54158.21%Online, Branch, Bank Transfers2-3 days
AIB Bank International Money Transfers
AIB Bank logo
275,963 PHP
15,487 PHP
55.75€508.51%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:0
Exchange Rate:58.29 (3.38% from mid-rate)
PHP amount:291,450 PHP
Total Cost:3.38%
Time:
Rate Fetched: Wed Mar 20 2019 16:13:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:0
Exchange Rate:58.23 (3.48% from mid-rate)
PHP amount:291,150 PHP
Total Cost:3.48%
Difference:
300 PHP less than using OFX
Time:18:08 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:57.15 (5.27% from mid-rate)
PHP amount:285,321 PHP
Total Cost:5.41%
Difference:
6,129 PHP less than using OFX
Time:18:08 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:57.1 (5.35% from mid-rate)
PHP amount:282,645 PHP
Total Cost:6.3%
Difference:
8,805 PHP less than using OFX
Time:18:08 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:56.63 (6.13% from mid-rate)
PHP amount:282,470 PHP
Total Cost:6.36%
Difference:
8,980 PHP less than using OFX
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:57.01 (5.5% from mid-rate)
PHP amount:282,200 PHP
Total Cost:6.45%
Difference:
9,250 PHP less than using OFX
Time:18:08 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:56.39 (6.53% from mid-rate)
PHP amount:280,822 PHP
Total Cost:6.9%
Difference:
10,628 PHP less than using OFX
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→PHP
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:56.22 (6.81% from mid-rate)
PHP amount:280,286 PHP
Total Cost:7.08%
Difference:
11,164 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:56.39 (6.53% from mid-rate)
PHP amount:279,131 PHP
Total Cost:7.46%
Difference:
12,319 PHP less than using OFX
Time:18:08 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:55.99 (7.19% from mid-rate)
PHP amount:277,151 PHP
Total Cost:8.12%
Difference:
14,299 PHP less than using OFX
Time:18:08 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:55.54 (7.94% from mid-rate)
PHP amount:276,867 PHP
Total Cost:8.21%
Difference:
14,583 PHP less than using OFX
Time:18:08 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:55.75 (7.59% from mid-rate)
PHP amount:275,963 PHP
Total Cost:8.51%
Difference:
15,487 PHP less than using OFX
Time:18:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

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? Shop-around with multiple providers: Get Quotes
Travel Money Providers
Ratings & Reviews
Amount PHP(₱)Exchange RateFee EURTotal CostCurrency ServicesDelivery/CollectDeal Links
Deutsche Bank Foreign Currency
Deutsche Bank logo
55,337 PHP
56.18€158.27%Branch-
BNP Paribas Foreign Currency
BNP Paribas logo
55,052 PHP
285 PHP
55.89€158.75%Branch-
Citibank Foreign Currency
Citibank logo
55,044 PHP
293 PHP
55.6€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
54,508 PHP
829 PHP
55.1€109.65%Branch-
Crédit Agricole Foreign Currency
Crédit Agricole logo
54,480 PHP
857 PHP
55.31€159.69%Branch-
Bank of Ireland Foreign Currency
Bank of Ireland logo
54,410 PHP
927 PHP
54.96€109.81%Branch-
AIB Bank Foreign Currency
AIB Bank logo
54,292 PHP
1,045 PHP
54.84€1010.01%Branch-
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
53,886 PHP
1,451 PHP
54.43€1010.68%Branch-
HSBC logo
53,560 PHP
1,777 PHP
53.56011.22%Branch-
 
Travelex Online logo
48,865 PHP
6,472 PHP
48.8654019%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:56.18 (6.88% from mid-rate)
PHP amount:55,337 PHP
Total Cost:8.27%
Time:18:09 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:55.89 (7.36% from mid-rate)
PHP amount:55,052 PHP
Total Cost:8.75%
Time:18:09 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:55.6 (7.84% from mid-rate)
PHP amount:55,044 PHP
Total Cost:8.76%
Time:18:09 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:53.27 (11.7% from mid-rate)
PHP amount:54,508 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:55.31 (8.32% from mid-rate)
PHP amount:54,480 PHP
Total Cost:9.69%
Time:18:09 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:54.96 (8.9% from mid-rate)
PHP amount:54,410 PHP
Total Cost:9.81%
Time:18:09 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:54.84 (9.1% from mid-rate)
PHP amount:54,292 PHP
Total Cost:10.01%
Time:18:09 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:54.43 (9.78% from mid-rate)
PHP amount:53,886 PHP
Total Cost:10.68%
Time:18:09 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
HSBC: Travel Money EUR→PHP
EUR amount:€1,000 EUR
Fee:
Exchange Rate:53.56 (11.22% from mid-rate)
PHP amount:53,560 PHP
Total Cost:11.22%
Time:18:09 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:48.8654 (19% from mid-rate)
PHP amount:48,865 PHP
Total Cost:19%
Time:
Rate Fetched: Wed Mar 20 2019 16:15:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

EUR to PHP interbank exchange rate = 60.3236

Right now the EUR/PHP interbank exchange rate is 60.3236. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Philippine Peso to Euro.

This EUR/PHP Converter calculates equivalent Euro to Philippine Peso amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

EUR / PHP converter & margin calculator


€EUR
₱PHP
Mid-rates:
 

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

Foreign Transfers Travel Money

1 Week EUR to PHP
Loading EUR/PHP rates

Euro

Philippine Peso

1 EUR 60.32 PHP
5 EUR 301.62 PHP
10 EUR 603.24 PHP
20 EUR 1,206.47 PHP
50 EUR 3,016.18 PHP
100 EUR 6,032.36 PHP
250 EUR 15,080.90 PHP
500 EUR 30,161.80 PHP
1,000 EUR 60,323.60 PHP
2,000 EUR 120,647.20 PHP
5,000 EUR 301,618.00 PHP
10,000 EUR 603,236.00 PHP
50,000 EUR 3,016,180.00 PHP
100,000 EUR 6,032,360.00 PHP
See more

Euro

Philippine Peso

0.0166 EUR 1 PHP
0.0829 EUR 5 PHP
0.1658 EUR 10 PHP
0.3315 EUR 20 PHP
0.8289 EUR 50 PHP
1.6577 EUR 100 PHP
4.1443 EUR 250 PHP
8.2885 EUR 500 PHP
16.58 EUR 1,000 PHP
33.15 EUR 2,000 PHP
82.89 EUR 5,000 PHP
165.77 EUR 10,000 PHP
828.85 EUR 50,000 PHP
1,657.70 EUR 100,000 PHP
See more

PHP Country Guides
PhilippinesPhilippines

Euro to Philippine Peso (EUR-PHP) - 10 Year History

The below table shows the historic variation in the EUR/PHP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of EUR versus other currencies : EUR historical charts.

DateExchange RatePeriodChange
20 Mar 201960.0697Latest
13 Mar 201959.67141 Week+0.67%
18 Feb 201959.18151 Month+1.5%
21 Sep 201863.62106 Months-5.58%
20 Mar 201863.85661 Year-5.93%
20 Mar 201753.79072 Years+11.67%
21 Mar 201462.40305 Years-3.74%
22 Mar 200965.374710 Years-8.11%

Why can't I just get the EUR/PHP market rate I see on Google or in the Media?

The EUR/PHP mid-rate is the rate you will see Quoted on Google 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.

The closer your final exchange rate is to the market EUR/PHP midrate the better deal you are getting.

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

The three things you need in order to get a good EUR to PHP exchange rate

  1. Know the latest EUR/PHP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Euro and Philippine Peso

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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 both Euro and Philippine Peso news and forecasts.

Euro (EUR) - Market news and forecasts

Between November and February, the euro was remarkably stable relative to the US dollar, against which it traded for the most part between $1.125 and $1.155. In the days leading up to this report, in March, the euro broke downwards to a 21-month low of $1.118.

Further to Brexit uncertainty, euro weakness followed March’s meeting of the ECB, at which the central bank said it will not raise interest rates until 2020 at the earliest as part of an effort to lift the eurozone economy out of this “period of continued weakness.”

ING analysts wrote in March that they expect the low-yielding euro to continue to depreciate against the dollar over the coming months. Danske Bank predicted a euro dip towards $1.1 before a rally over 3-6 months back into a $1.12-1.16 range.

Philippine Peso (PHP) - Market news and forecasts

The peso suffered one of its sharpest falls in recent years on March-12 when it weakened by 93 centavos against the dollar (an amount nearly four times the peso’s average daily range) to 53.05. This ended a good run for the peso, which appreciated away from record lows (54.43) in four of the five months between October and February.

The mid-march weakness was driven by significant developments in Philippine monetary policy. The country’s central bank governor suggested there could be significant policy easing this year in the form of policy rate cuts and cuts to the amount of cash that banks must hold in reserve.

The developments appeared to vindicate those analysts polled by Bloomberg in January, who collectively predicted that the peso would struggle in 2019.

An ING analyst said in March that the central bank would be comfortable with the peso between 52 and 55 per dollar, beyond which there may be market intervention. ING is forecasting the peso at 54.04 at year-end.