What is the
Citibank Send Money conversion rate for EUR to PHP?
The Citibank EUR to PHP exchange rate is 64.62. This is -4.9% compared to the latest EUR-PHP mid-market rate 67.98.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Philippine peso (PHP) rates from different sources before making a conversion.
The above
Citibank - Euro to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Citibank and other foreign exchange providers against the latest EUR-PHP mid-rate and the possible savings of using various providers.
How do Citibank EUR-PHP rates compare between providers?
The next best is XE at 67.57, -0.6% from the mid-rate.
Then Wise at 67.5, which is -0.71% from the mid-rate.
The Western Union rate is 66.96 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Citibank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Compare EUR to PHP Transfer Rates