EUR to PHP Transfers Compared

   

EUR to PHP is currently at 68.21, up 2.1% from a 3-month avg. Analysts note that the euro’s strength could solidify if ECB's Lagarde signals a pause in rate cuts, while the PHP faces pressure from rate reductions and widening trade deficits. Stay tuned for central bank updates

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What is the best Send Money conversion rate for EUR to PHP?

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 Euro to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest EUR-PHP mid-rate and the possible savings of using various providers. 

How do EUR-PHP rates compare between providers?

The next best is XE at 67.58, -0.59% from the mid-rate.

Then Wise at 67.51, which is -0.69% 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 and foreign exchange providers 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.