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EUR to PHP - Euro to Philippine Peso Converter

Convert Euro to Philippine Peso with daily ECB exchange rates

1 EUR = ~68.78 PHP (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

EUR to PHP quick math: one euro is roughly a few dozen pesos. Use live quotes for exact amounts.

Watch ECB and BSP statements; set rate alerts for transfers

✈️ Travel budgeting💼 Quick invoicing estimates💸 Remittance planning

Common EUR - PHP Conversions

24h Change
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7d Change
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30d Change
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1y Change
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Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

ECB policy, inflation differentials, trade flows, and market risk sentiment push the pair. Global capital moves and geopolitical events also affect the rate. Expect continuous movement as conditions change.

Economic Context

Trading Relationship

The EU and Philippines engage in substantial trade in goods and services, electronics and machinery from Europe and consumer goods from the Philippines. EUR/PHP affects pricing for imports, exports, and worker remittance flows.

Key Rate Factors

  • •ECB monetary policy and interest rate stance
  • •Philippine inflation and BSP policy
  • •EU-Philippines trade balance and tariffs
  • •Domestic political stability and external demand
  • •Global risk sentiment and USD strength

Central Banks

European Central Bank
Frankfurt, Germany
Sets monetary policy for the Eurozone, guiding inflation and growth via interest rates and liquidity operations.
Bangko Sentral ng Pilipinas
Manila, Philippines
The central bank of the Philippines. Manages monetary policy, reserve requirements, and financial stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates