If you’re sending money from Europe to the Philippines or just checking how much your euros are worth in pesos, the headline number you see online is rarely what lands in someone’s pocket. The mid-market rate looks clean, but banks and remittance services add a spread that can eat up 5% or more of your transfer.

4 related posts

Current mid-market rate (1 EUR): ₱71.9562 as of last update · 30-day high for EUR/PHP: ₱72.10 · 30-day low for EUR/PHP: ₱71.35 · Average rate (last 30 days): ₱71.72 · Typical transfer fee (bank): €3 – €10 · Typical transfer time (WU/Ria): minutes to 1 day

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact BDO rate for EUR/PHP is not publicly listed without an account
  • Western Union rates vary by transfer amount and location; no fixed published rate in top results
  • The “best” provider depends on transfer method (bank deposit vs cash pickup)
3Timeline signal
  • Last 24h: rate moved between 71.90 and 72.05 ( XE )
  • Last 30 days: range ₱71.35 – ₱72.10, average 71.72 (XE)
  • Last 90 days: range 70.80 – 72.50 ( XE historical )
4What’s next
  • Rate will continue fluctuating with ECB monetary policy and Philippine economic data
  • Banks typically update their retail rates once daily
  • Online services like Wise and Revolut update in near real-time

This guide compares live rates from the European Central Bank, XE, Revolut, Western Union, Ria, and others, and shows you exactly how much of your 50, 100, 500, or 1,000 euros actually arrives in pesos.

Key facts at a glance
Indicator Value
Current mid-market rate 1 EUR = 71.9562 PHP (XE, latest update)
30-day average 71.72 PHP per EUR
30-day high 72.10 PHP per EUR
30-day low 71.35 PHP per EUR
Typical bank spread 2–4% above mid-market
Typical remittance spread (WU, MG) 3–5% above mid-market

How much is 1 euro to Philippine peso today?

As of the latest data from major aggregators, the mid-market exchange rate hovers around ₱71.96 for 1 euro. The European Central Bank (ECB) reference rate on August 14, 2026 was 71.008 PHP, while XE shows a live rate of 71.3745 as of 06:06 UTC on August 18. Consumer platforms like Revolut quote 71.55, and Ria lists 71.54. Rates change in real time due to market fluctuations — the number you see at 9 a.m. may be different by noon.

Two things matter: the mid-market rate (what banks trade among themselves) and the rate a consumer actually gets. The gap is the spread, and it varies significantly by provider.

The upshot

The difference between 1 EUR = 71.96 (mid-market) and 71.55 (Revolut) for a single euro is trivial. But multiply that by 1,000 euros traveling to the Philippines, and the gap becomes a tangible ₱410 — enough for a decent meal in Manila.

How much is 100 euros in Philippine pesos?

Three numbers, one pattern: the mid-market value for 100 EUR is ₱7,195.62 ( XE ), Revolut gives ₱7,155.01, and a typical bank or remittance service — after applying their 3–5% spread — would land roughly between ₱6,900 and ₱7,050. That’s a loss of up to ₱295 on a 100-euro transfer.

The table below shows how each provider stacks up for 100 EUR.

100 EUR converted at different providers (approximate)
Provider You receive (PHP) Difference from mid-market
Mid-market (reference) ₱7,195.62 —
Revolut ₱7,155.01 -₱40.61
Ria Money Transfer ₱7,153.60 -₱42.02
Typical bank 3% spread ~₱6,980 -₱215
Western Union / MoneyGram (estimated 5% spread) ~₱6,835 -₱360

The implication: faster services with cash pickup often charge a premium, while digital platforms trim the cost. The trade-off becomes steeper as the amount grows.

What is the exchange rate between euros and Philippine pesos at BDO, Western Union, and Ria?

BDO exchange rate euro to Philippine peso

BDO, one of the Philippines’ largest banks, does not publish a real-time EUR/PHP rate on its public website without logging in. Based on typical bank spreads in the Philippines, expect the rate to be 2–4% worse than the current mid-market. For 100 EUR, that could mean receiving ₱6,950 – ₱7,050. ( XE mid-market reference )

Western Union euro to Philippine peso rate today

Western Union’s EUR-to-PHP conversion is not posted as a single headline number; the rate depends on the transfer amount, delivery method (bank account vs. cash pickp), and location. On a typical transaction of 100 EUR sent to a bank aount in the Philippines, our analysis of their online tool suggests an effective rate roughly 4–6% below the mid-market — so around ₱6,800 – ₱6,900 for 100 EUR. ( XE mid-market reference )

Ria euro to Philippine peso rate

Ria Money Transfer quotes a rate of 1 EUR = 71.53598 PHP, within 0.6% of the mid-market — making it considerably tighter than typical bank or Western Union offers. For 100 EUR, that yields about ₱7,153.60.

The pattern across providers: digital-first remittance platforms (Ria, Wise, Revolut) deliver rates within 0.5–1.5% of mid-market. Traditional banks and cash-pickup services (BDO, Western Union) add 3–6%.

What is a good exchange rate from EUR to PHP?

A “good” rate for a consumer is one that stays within 1–2% of the mid-market. On a 1 EUR basis, that means seeing rates between roughly ₱71.50 and ₱72.00. The historical average over the last 30 days is ₱71.72, which sits comfortably in that band. ( XE 30-day data )

Banks typically offer rates 3–5% worse — anything below ₱69.80 per euro means you are likely overpaying. Online specialists like Wise and Revolut stay within 0.5–1% of the mid-marketre, which is considered excellent.

The catch

A “good rate” on its own is misleading if the provider charges a flat transfer fee. The real cost = (spread × amount) + fee. For small transfers under 100 EUR, a high ig fee can wipe out a tight rate.

How to get the best exchange rate when sening money to the Philippines?

The cheapest route for most people: use an online currency specialist that uses the mid-market rate and charges a transparent fee. Wise and Revolut both fit this model. For amounts under 500 EUR, their fees are typically €2–€5, and the rate is within 0.5% of the mid-market.

For cash pickp, Ria offers competitive rates (under 1% spread) with a network across the Philippines. XE’s comparison tools let you input your amount and see a side-by-side of several providers.

Always compare total cost: use a calculator that includes both the rate and the fee to find the net PHP amount. OFX and Investing.com also show live rates with order-book depth for context.

Why this matters

For a Filipino worker in Europe sening 500 EUR home every month, chosing a 0.5%-spread provider over a 5%-spread bank saves roughly ₱1,800 each month — or ₱21,600 a year. That’s a meaningful amount.

What was the euro to Philippine peso rate yesterdy?

Looking back 24 hours, XE shows the rate moved between 71.90 and 72.05. Over the last seven days it trended slightly down from 72.05 to 71.95. The one-month range — 71.35 to 72.10 — indicates that the pair is relatively stable by FX standards, with typical daily moves of 0.1 to 0.5 PHP per euro. (European Central Bank historical chart)

Timeline of EUR/PHP rate movents

  • Last 24 hours: Rate fluctuated between 71.90 and 72.05 (XE data)
  • Last 7 days: Trended from 72.05 upward to 71.95
  • Last 30 days: Range 71.35 – 72.10, average 71.72 ( XE historical )
  • ast 90 days: Range 70.80 – 72.50 (XE 90-day data)

Confirmed facts vs. what’s unclear

Confirmed facts

  • 1 EUR ≈ 71.9562 PHP as of last data pull from XE
  • Revolut lists 100 EUR = 7,155.01 PHP
  • Ria quotes 1 EUR = 71.53598 PHP
  • Wise shows a 30-day high of 0.0143 for PHP to EUR (1 EUR ≈ 69.93 inverse)

What’s unclear

  • Exact BDO rate for EUR/PHP is not publicly available without an account
  • Western Union rates vary by transfer amount and location; no fixed published rate in top 5 results
  • The “best” provider depends on exact transfer amount and delivery method (bank account vs. cash pickp)

Perspectives on the rate

The Euro to Philippine Peso mid-market rate is determined by global supply and demand, and is the baseline from which all consumer transfers are priced.

XE currency data feed (live rate aggregator)

Over the last 30 days the PHP/EUR rate has moved between 0.0139 and 0.0143 — a range that tells you the peso has been relatively stable against the euro.

Wise rate data (curency converter & remitance platform)

Our converter uses real-time rates and includes the 0.5–1% fee we charage transparenty.

Revout conversion page (digital banking provider)

Ria’s displayed rate is for reference and uses the mid-market rate; the actual transfer rate may differ based on payment method and country.

Ria Money Transfer rate disclaimer

Additional sources

bloomberg.com, sendmoneycompare.com, uk.investing.com, mycurrencytransfer.com, pluang.com, ofx.com

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Frequently asked questions

What is the mid-market exchange rate for EUR to PHP today?

As of the latest data, 1 EUR ≈ 71.9562 PHP (XE). However this changes constantly — check a live converter for the current number.

How does the BDO exchange rate compare to the mid-market rate?

BDO does not publish a live EUR/PHP rate online. Based on typical Philippine bank spreads, expect 2–4% above the mid-market, meaning about ₱6,950 – ₱7,050 for 100 EUR rather than the mid-market ₱7,196.

What fees does Wester Union charge for sending euros to the Philippines?

Western Union’s fees vary by amount and delivery method. Their exchange rate is embedded in the spread, often 4–6% away from mid-market. Always check the total cost in PHP before confirming.

Is it cheaper to use Wise or a bank to send euros to the Philippines?

Wise is almost always cheaper. On 100 EUR, Wise charges about €2 in fees and uses a rate within 0.5% of mid-market. A typical bank may charge no upfront fee but apply a 3–5% spread, costing an extra ₱200–₱300 per 100 EUR.

How often does the euro to peso exchange rate change?

The rate updates continuously during market hours. Most online converter show real-time or delayed-by-minutes data. Bank retail rates usually update once daily.

Can I lock in an exchange rate for a future transfer?

Yes — many specialist services like Wise and Revolut allow you to fix a rate for a short window (usually 24–48hours) for a small fee. Banks rarely offer this for retail customers.

Does the Philippine peso typically weaken or strengthen against the euro?

Over the last 90 days, the euro ranged from 70.80 to 72.50 PHP — a relatively narrow band. The pso has been stableish, but remittance demand and ECB policy can shift it.

What is the best day of the week to convert euros to pesos?

Historical data doesn’t show a single best day. However thursday and Friday often see slight volatility as position are settled. Use a limit order if you are transferring a large amount.

For the Filipino worker in Europe sending 500 EUR home each month, the choice between a traditional bank and a digital specialist like Wise or Revolut means the difference between ₱36,000 and ₱38,500 in pesos reaced — or a monthly gap of about ₱2,500. Over a year, that is ₱30,000 that could be saved or sent. The trade-off is convenience: cash-pickup at a BDO branch may feel simpler than setting up a digital account. But the cost of that convenience is high. For anyone regularly transferring money to the Philippines, the message is clear: compare the net PHP amount, not the headline rate.