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EUR EUR PHP PHP Rate as of2026-05-20

EUR to PHP Converter.

Current rate

1 EUR = 62.1 PHP as of 2026-05-20. EUR/PHP serves the Filipino diaspora across Spain (with its historical colonial link), Italy, and Germany — particularly the large OFW caregiver and nursing population. Spain alone hosts 200,000+ Filipinos who send regular euro-denominated remittances.

💱

EURPHP Converter

🇪🇺 €1.00 = 🇵🇭
₱62.10
Rate: 1 EUR = 62.1000 PHP
Common conversions
🇪🇺 EUR🇵🇭 PHP
€1.00₱62.10
€10.00₱621.00
€100.00₱6,210.00
€500.00₱31,050.00
€1,000.00₱62,100.00
€5,000.00₱310,500.00
€10,000.00₱621,000.00
€50,000.00₱3,105,000.00
€100,000.00₱6,210,000.00
✨ Mid-market rate · as of 2026-05-20 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

EUR trend over time.

Today
62.1
1 EUR = PHP
1 year ago
59.8
↑ 3.8% in 12 months
5 years ago
53.2
↑ 16.7% in 5 years
🔢 Quick reference

EUR to PHP conversion table.

Common Euro amounts converted to Philippine Peso at today's rate of 1 EUR = 62.1 PHP. The reverse holds too: 1 PHP = 0.0161 EUR.

EUR → PHP
1 EUR 62.1 PHP
5 EUR 310.5 PHP
10 EUR 621 PHP
25 EUR 1,553 PHP
50 EUR 3,105 PHP
100 EUR 6,210 PHP
500 EUR 31,050 PHP
1,000 EUR 62,100 PHP
5,000 EUR 310,500 PHP
10,000 EUR 621,000 PHP
PHP → EUR
1 PHP 0.0161 EUR
5 PHP 0.0805 EUR
10 PHP 0.161 EUR
25 PHP 0.4026 EUR
50 PHP 0.8052 EUR
100 PHP 1.61 EUR
500 PHP 8.05 EUR
1,000 PHP 16.1 EUR
5,000 PHP 80.52 EUR
10,000 PHP 161.03 EUR
💡 About this corridor

Why people convert EUR to PHP.

The EUR/PHP corridor is driven mostly by Eurozone purchases and EU remittances. On the Philippine Peso side, demand comes from OFW remittances, BPO industry payments, and real estate. Because both sides see steady two-way flow, EUR/PHP is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Euro has moved up 3.8% against the Philippine Peso, and over five years it has strengthened about 16.7% (from 53.2 to 62.1). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Philippine Peso you receive by a meaningful margin.

Getting the best EUR → PHP rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large EUR transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-20 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

EUR to PHP FAQ.

Who converts EUR to PHP?
Filipino caregivers and domestic workers in Spain and Italy, German hospital nurses on EU Blue Cards, and EU-based BPO clients paying Manila and Cebu vendors.
Best way to send EUR to PHP?
Wise, Remitly, and Sendwave offer the best EUR-PHP rates with GCash, Maya, and BDO bank payouts; Western Union and Cebuana Lhuillier dominate cash pickup at over 10,000 Philippine locations.
Why is EUR/PHP relatively stable?
The Philippine peso is supported by $35B+ in annual OFW remittances and strong BPO services exports, which buffer it against EUR strength — the pair tends to track EUR/USD closely.