Convert Philippine Peso to Euro
PHP to EUR Exchange Rate Calculator
1 Philippine Peso (PHP) = 0.0140 Euro (EUR) at the live mid-market rate. That means $100 PHP converts to roughly 1.40 EUR, and $1,000 PHP converts to about 13.97 EUR. The PHP/EUR rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day PHP/EUR context
Over the past 90 days, PHP/EUR has traded between 0.0139 and 0.0147. The current rate of 0.0140 sits roughly 12% through that range — near the lower end, meaning Euro has been stronger than typical against Philippine Peso recently. Versus the rate 90 days ago, Philippine Peso has weakened by 4.38% against Euro.
PHP/EUR Price History
Interactive PHP/EUR exchange rate chart with 7-day, 30-day, and 90-day views.
About Philippine Peso (PHP)
The Philippine Peso (PHP) is the official currency used for trade and commerce. Its value against other currencies fluctuates based on market conditions.
About Euro (EUR)
The Euro (EUR) is the official currency of 20 European Union member states — collectively the Eurozone — and the world's second-most-traded currency. Introduced in 1999 as an accounting currency and 2002 as physical cash, it is managed by the European Central Bank (ECB) from Frankfurt.
- •Used daily by over 340 million people across 20 countries
- •Second-largest reserve currency, ~20% of global central bank reserves
- •EUR/USD is the world's most-traded currency pair (~23% of forex volume)
- •ECB sets the deposit facility rate, main refinancing rate, and marginal lending rate
- •Eurozone CPI target is 2% over the medium term
Frequently Asked Questions
When is PHP/EUR most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when PHP markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for PHP/EUR?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move PHP/EUR the most?
The biggest scheduled catalysts are central bank rate decisions and inflation prints and ECB rate decisions and Eurozone flash CPI prints. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert PHP to EUR at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market PHP/EUR than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the PHP/EUR rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market PHP/EUR rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Exchange rates refresh hourly · Sourced from institutional-grade data providers