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Understanding the Table:
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’.
Euro (EUR) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/PHP Outlook: The outlook is likely to increase, as the rate is above its recent average and near recent highs due to ongoing demand for the euro amid adverse tariff threats.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver to push it significantly higher.
USD/PHP Outlook: Slightly positive, but likely to move sideways as the rate is slightly above its recent average and lacks a clear driver for significant movement.
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 * :
*Converted at the current EUR-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
When planning a one-week mid-range stay in the Philippines, travelers should budget around 25,000 to 35,000 PHP (approximately $440 to $615 USD). This amount can provide a comfortable experience, factoring in meals, accommodations, transportation, and activities. Here’s a rough breakdown of typical daily expenses:
In general, the Philippines is considered an affordable travel destination compared to the United States, where a similar mid-range experience would often cost 30% more. Compared to the UK, the cost of living in the Philippines is significantly lower as well. Travelers will find that their money stretches further here, allowing for a richer experience without breaking the bank.
For expats moving to the Philippines, typical monthly living costs can range from 30,000 to 60,000 PHP ($530 to $1,060 USD), depending on lifestyle choices and location. This estimate covers rent, utilities, food, and transportation. In major urban areas like Manila or Cebu, you may encounter higher costs, while rural areas offer significantly cheaper living.
When it comes to managing your finances, using a combination of local banking and card usage is advisable. Many banks offer services specifically catering to expats, and using international cards like Visa and Mastercard is common. However, be wary of ATM fees. For sending and receiving money, online transfer services such as Wise or OFX often provide better exchange rates and lower fees compared to traditional banks or currency exchange services. In highly touristy areas, you may get slightly better rates by exchanging money locally, but it’s generally safer and more efficient to use an online transfer service to avoid fluctuating rates and additional fees.
View a full list of exchange rates by selecting your Base (from) currency:
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