EUR to PHP Exchange Rate Today

Euro to Philippine Peso conversion for the 750,000+ Filipino diaspora in Europe. Track live EUR/PHP rates every 30 minutes for remittances from Italy, Spain, Germany, France to Manila, Cebu, Davao—healthcare workers, caregivers, and maritime professionals supporting families.

1000 EUR =

72,375.53PHP

1 PHP = 0.0138 EUR

1 EUR = 72.3755 PHP

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Compare money transfer service fees for the best rates

EUR to PHP conversion table

Common amounts at the current mid-market rate of 1 EUR = 72.38 PHP.

EURPHP
1 EUR72.38 PHP
5 EUR361.88 PHP
10 EUR723.76 PHP
25 EUR1,809 PHP
50 EUR3,619 PHP
100 EUR7,238 PHP
500 EUR36,188 PHP
1,000 EUR72,376 PHP
5,000 EUR361,878 PHP
PHPEUR
1 PHP0.0138 EUR
5 PHP0.0691 EUR
10 PHP0.1382 EUR
25 PHP0.3454 EUR
50 PHP0.6908 EUR
100 PHP1.38 EUR
500 PHP6.91 EUR
1,000 PHP13.82 EUR
5,000 PHP69.08 EUR

Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.

What you actually get for 1,000 EUR

Nobody converts at the mid-market rate. At 1 EUR = 72.38 PHP, a perfect conversion of 1,000 EUR would be 72,376 PHP. Here is what 14 services would really send, fee and exchange-rate margin included.

ServiceTheir rateFeeYou get
Paysendcheapest72.351.50 EUR72,244 PHP
Instarem71.91—71,905 PHP
Wise72.387.32 EUR71,846 PHP
Taptap Send71.84—71,837 PHP
TransferGo71.72—71,724 PHP
XE71.65—71,652 PHP
MoneyGram71.700.9000 EUR71,636 PHP
Sendwave71.680.9900 EUR71,610 PHP
WorldRemit71.51—71,506 PHP
Western Union71.170.9900 EUR71,103 PHP
Ria Money Transfer70.82—70,822 PHP
Revolut71.6011.50 EUR70,772 PHP
Xoom70.602.99 EUR70,391 PHP
OFX69.669.82 EUR68,981 PHP

On 1,000 EUR, the gap between the best and worst option here is 3,263 PHP — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.

Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending.

Frequently Asked Questions

What is the Euro to Philippine Peso exchange rate?

The EUR to PHP exchange rate typically ranges between 60-64 PHP per 1 EUR. The Eurozone has a significant Filipino diaspora (750,000+), particularly in Italy, Spain, Germany, and France, making EUR/PHP an important remittance corridor. The strong euro gives European Filipinos excellent purchasing power when sending money home. Exchange rates depend on ECB monetary policy, Philippine economic conditions, and EUR/USD movements. Our converter updates every 30 minutes with real mid-market rates from OpenExchangeRates.

How can Filipinos in Europe send money to the Philippines?

European Filipinos have excellent remittance options: Remitly (very popular across Europe, fast PHP transfers), Wise (competitive mid-market rates), WorldRemit (instant to Philippine banks, GCash), Xoom, Western Union or MoneyGram (extensive agent network); digital wallets (GCash, PayMaya increasingly popular); or European-Philippine specialized services. For Filipino communities in Rome, Milan, Madrid, Barcelona, Paris, Frankfurt, sending to Manila, Cebu, or provinces, compare total PHP received, since differences can be 2-4% between providers.

Do European banks give good exchange rates for Philippine pesos?

No. European banks typically charge 3-5% above mid-market for EUR to PHP conversions plus €15-30 transfer fees. German banks (Deutsche Bank, Commerzbank), French banks (BNP Paribas, Société Générale), Italian banks (Intesa Sanpaolo, UniCredit), and Spanish banks (BBVA, Santander) all offer poor rates. Dedicated remittance services are far superior: Remitly charges 1-3%, Wise ~0.5-1%, WorldRemit 1-3%. For the 750,000+ Filipino diaspora in Europe, specialized services save 50-70% compared to banks.

Why is the euro strong against the Philippine peso?

EUR strength (1 EUR ≈ 60-64 PHP) reflects: Eurozone's developed economy status, ECB credible monetary policy, euro's global reserve currency role, and Germany/France economic power. The Philippines, while growing, faces higher inflation and developing economy challenges. For European Filipinos working in healthcare, hospitality, domestic work, or maritime sectors, this means strong remittance purchasing power: your euros buy substantially more pesos than local prices suggest.

When is the best time to send euros to the Philippines?

Milan Filipinos sending €500 monthly maximize value when euro exceeds ₱62, gaining ₱31K versus ₱30K at ₱60. Filipino diaspora in Europe (750,000+ in Italy, Spain, Germany) remits €3B annually to Manila, Cebu, Davao families. Peso depreciation trends favor conversions. Converting at ₱62 rather than ₱60 gains ₱1K monthly on €500 transfers, which matters for Rome or Barcelona Filipino workers (healthcare, domestic, maritime sectors) supporting family expenses, home construction, or Manila real estate (BGC, Quezon City) synchronized with ECB announcements and holiday remittance peaks.