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PHP/EUR - Live Converters & Chart

Philippine Peso to Euro - 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.

 

PHP to EUR interbank exchange rate = 0.017073

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

 

PHP / EUR converter & margin calculator

₱PHP
€EUR
Mid-rates:
 
 

Foreign Transfers Travel Money

Sending PHP->EUR we recommend:

WorldRemit WorldRemit

Philippine Peso

Euro

1 PHP 0.0171 EUR
5 PHP 0.0854 EUR
10 PHP 0.1707 EUR
20 PHP 0.3415 EUR
50 PHP 0.8537 EUR
100 PHP 1.7073 EUR
250 PHP 4.2683 EUR
500 PHP 8.5365 EUR
1,000 PHP 17.07 EUR
2,000 PHP 34.15 EUR
5,000 PHP 85.37 EUR
10,000 PHP 170.73 EUR
50,000 PHP 853.65 EUR
100,000 PHP 1,707.30 EUR
See more

Philippine Peso

Euro

58.57 PHP 1 EUR
292.87 PHP 5 EUR
585.73 PHP 10 EUR
1,171.46 PHP 20 EUR
2,928.66 PHP 50 EUR
5,857.32 PHP 100 EUR
14,643.30 PHP 250 EUR
29,286.60 PHP 500 EUR
58,573.20 PHP 1,000 EUR
117,146.40 PHP 2,000 EUR
292,866.00 PHP 5,000 EUR
585,732.00 PHP 10,000 EUR
2,928,660.00 PHP 50,000 EUR
5,857,320.00 PHP 100,000 EUR
See more

Compare Actual PHP/EUR Exchange Rates

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

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer ProvidersReceive EUR(€)Exchange RateFee PHPTotal CostTransfer ServicesTransfer SpeedDeal Links
OFX logo
168.68 EUR0.01686801.2%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
TorFX logo
168.52 EUR0.01685201.29%Bank Transfers - Online & Phone1-2 days
HSBC logo
161.05 EUR0.016129₱155.67%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo HSBC logo
160.34 EUR0.016055156.09%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
159.62 EUR0.015981126.51%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer PHP→EUR
PHP amount:10,000 PHP
Fee:
Exchange Rate:0.016868 (1.2% from mid-rate)
EUR amount:168.68 EUR
Total Cost:1.2%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer PHP→EUR
PHP amount:10,000 PHP
Fee:0
Exchange Rate:0.016852 (1.29% from mid-rate)
EUR amount:168.52 EUR
Total Cost:1.29%
Difference:
0.16 EUR less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer PHP→EUR
PHP amount:10,000 PHP
Fee:₱15 PHP (.15%)
Exchange Rate:0.016129 (5.53% from mid-rate)
EUR amount:161.05 EUR
Total Cost:5.67%
Difference:
7.63 EUR less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer PHP→EUR
PHP amount:10,000 PHP
Fee:15
Exchange Rate:0.016311 (4.46% from mid-rate)
EUR amount:160.34 EUR
Total Cost:6.09%
Difference:
8.34 EUR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Citibank logoCitibank

Citibank: Foreign Transfer PHP→EUR
PHP amount:10,000 PHP
Fee:12
Exchange Rate:0.015981 (6.4% from mid-rate)
EUR amount:159.62 EUR
Total Cost:6.51%
Difference:
9.06 EUR less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
05/22/2019

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PHP/EUR - Historical Trends

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

PeriodPHP/EURDate
1 Day0.017019 May 2019
1 Week0.017013 May 2019
1 Month0.017220 Apr 2019
6 Months0.016821 Nov 2018
1 Year0.016220 May 2018
5 Years0.016721 May 2014
10 Years0.015222 May 2009

You can use our PHP interactive charts to check PHPEUR historic trends.

Outlook and forecasts for PHP and EUR

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 PHP vs EUR, you should pay attention to the forecasts and trends for both Philippine Peso and Euro:

 

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.

 

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.

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

The PHP/EUR 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 PHP / EUR 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 PHP Exchange Rates