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, sent by healthcare workers, caregivers, and maritime professionals supporting families.
1000 EUR =
70,704.62PHP
1 PHP = 0.0141 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 = 70.70 PHP.
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 = 70.70 PHP, a perfect conversion of 1,000 EUR would be 70,705 PHP. Here is what 10 services would really send, fee and exchange-rate margin included.
On 1,000 EUR, the gap between the best and worst option here is 2,551 PHP for 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 to a bank account, not a live quote. Promotional offers and payment method can change it. Check the provider before sending. Where we price a service from its own recent quotes, its row uses the fee and rate margin from that quote. Some services we price from their own quotes are not in this table, because their quote for this pair depends on a payment or delivery choice or we hold none for it, so “cheapest” is among the services shown. Each is priced on its own calculator. Rows marked with a month are a provider's last measured price from that month, measured for this pair or, where marked EUR est., for EUR sends generally. No current quote stands behind them, so none is ranked cheapest.
Frequently Asked Questions
What is the Euro to Philippine Peso exchange rate?
On October 15, 2026, the mid-market rate was 1 EUR = 70.70 PHP. 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. Mid-market rates on the converter refresh every 30 minutes.
How can Filipinos in Europe send money to the Philippines?
European Filipinos have excellent remittance options: Remitly, Wise, 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 it varies between providers.
Do European banks give good exchange rates for Philippine pesos?
No. European banks typically build a markup into their EUR to PHP exchange rate on top of a transfer fee. 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 such as Remitly, Wise and WorldRemit are the usual alternative. The comparison above shows current costs for the services it can price on this route.
Why is the euro strong against the Philippine peso?
EUR strength 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?
For Milan Filipinos sending €500 monthly, a 3% move in the rate changes the value of each transfer by about €15. Filipino diaspora in Europe (750,000+ in Italy, Spain, Germany) remits €3B annually to Manila, Cebu, Davao families. Peso depreciation trends favor conversions. A 3% move adds up to about €180 a year on €500 monthly 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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