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
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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.
| EUR | PHP |
|---|---|
| 1 EUR | 72.38 PHP |
| 5 EUR | 361.88 PHP |
| 10 EUR | 723.76 PHP |
| 25 EUR | 1,809 PHP |
| 50 EUR | 3,619 PHP |
| 100 EUR | 7,238 PHP |
| 500 EUR | 36,188 PHP |
| 1,000 EUR | 72,376 PHP |
| 5,000 EUR | 361,878 PHP |
| PHP | EUR |
|---|---|
| 1 PHP | 0.0138 EUR |
| 5 PHP | 0.0691 EUR |
| 10 PHP | 0.1382 EUR |
| 25 PHP | 0.3454 EUR |
| 50 PHP | 0.6908 EUR |
| 100 PHP | 1.38 EUR |
| 500 PHP | 6.91 EUR |
| 1,000 PHP | 13.82 EUR |
| 5,000 PHP | 69.08 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.
| Service | Their rate | Fee | You get |
|---|---|---|---|
| Paysendcheapest | 72.35 | 1.50 EUR | 72,244 PHP |
| Instarem | 71.91 | — | 71,905 PHP |
| Wise | 72.38 | 7.32 EUR | 71,846 PHP |
| Taptap Send | 71.84 | — | 71,837 PHP |
| TransferGo | 71.72 | — | 71,724 PHP |
| XE | 71.65 | — | 71,652 PHP |
| MoneyGram | 71.70 | 0.9000 EUR | 71,636 PHP |
| Sendwave | 71.68 | 0.9900 EUR | 71,610 PHP |
| WorldRemit | 71.51 | — | 71,506 PHP |
| Western Union | 71.17 | 0.9900 EUR | 71,103 PHP |
| Ria Money Transfer | 70.82 | — | 70,822 PHP |
| Revolut | 71.60 | 11.50 EUR | 70,772 PHP |
| Xoom | 70.60 | 2.99 EUR | 70,391 PHP |
| OFX | 69.66 | 9.82 EUR | 68,981 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.
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