EUR to PHP is currently stable at 67.48, slightly above its three-month average. Factors like positive Eurozone data and ECB rates are crucial, but geopolitical risks and recent peso rate cuts present a mixed outlook. Analysts advise monitoring market developments closely

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

The best EUR to PHP exchange rate is 67.82 from OFX . This is -0.29% compared to the mid-market rate 68.02.

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?

Looking at the full EUR to PHP - Send Money comparison table the provider with the best EUR to PHP exchange rate is OFX at 67.82, -0.29% from the latest mid-market rate 68.02.

The next best is XE at 67.61, -0.6% from the mid-rate.

Then Wise at 67.55, which is -0.69% from the mid-rate.

The Western Union rate is 67.34 which is -1% 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.

 

Compare EUR to PHP Transfer Rates