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PHP to EUR - Philippine Peso to Euro Converter

Convert Philippine Peso to Euro with daily ECB exchange rates

1 PHP = ~0.0144 EUR (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

This currency pair is highly volatile. Always check live rates before transactions.

PHP to EUR moves with Philippine inflation signals and euro area policy cues. Mental math is unreliable—check live rates before transfers.

Rates can shift 2–5% in a week. Use a live converter for accuracy.

⚠️ Always verify before transactions📊 Monitor rate trends🔔 Use rate alerts

Common PHP - EUR Conversions

24h Change
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7d Change
+0.00%
30d Change
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1y Change
+0.00%

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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

Key drivers include Philippine monetary policy signals from the Bangko Sentral ng Pilipinas, European Central Bank decisions, inflation differentials, trade balances, capital flows, and global risk sentiment. Trade cycles also shape demand for Philippine exports.

Economic Context

Trading Relationship

The Philippines trades with Europe in electronics, garments, and services, while European buyers import these goods and offer capital for overseas projects. The PHP/EUR rate influences import costs, pricing, and international cash flow for both regions.

Key Rate Factors

  • •Bangko Sentral ng Pilipinas monetary policy and inflation outlook
  • •European Central Bank policy and euro area inflation differentials
  • •US dollar strength as a global funding currency affecting cross rates
  • •Philippine trade balance and external financing conditions
  • •Global risk sentiment and capital flow shifts

Central Banks

Bangko Sentral ng Pilipinas
Manila, Philippines
Oversees price stability and financial stability; sets monetary policy and manages the peso through market operations.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the euro area, guiding interest rates and money supply to maintain price stability and support economic growth.

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