The PHP/EUR rate shows how many Euros one Philippine Peso buys, used for remittances, trade, and travel between the Philippines and the Eurozone.
The curve shows the change in one unit of PHP expressed in EUR. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.
Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.
Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.
Du au · 25 observations
The PHP/EUR currency pair expresses the value of the Philippine Peso (PHP) in terms of the Euro (EUR). This directed rate indicates how many Euros are needed to purchase one Peso. It is primarily used by individuals and businesses involved in remittances from Europe to the Philippines, trade between the two regions, and tourism. When the PHP appreciates against the EUR, each Peso buys more Euros, making European goods and travel cheaper for Filipinos.
The exchange rate is influenced by the monetary policies of the Bangko Sentral ng Pilipinas (BSP) and the European Central Bank (ECB). Interest rate differentials, inflation trends, and economic growth in both regions play key roles. The Philippines' economy is driven by remittances, business process outsourcing, and exports such as electronics and agricultural products. The Eurozone's economic health depends on industrial output, services, and trade with global partners. Commodity prices, capital flows, and risk sentiment also affect the pair, with the Peso often sensitive to global risk appetite.
Over recent years, the PHP/EUR rate has experienced fluctuations due to varying economic recoveries, shifts in monetary policy, and external shocks. The BSP has adjusted interest rates to manage inflation and support the Peso, while the ECB has navigated its own policy path. Remittance flows from overseas Filipino workers in Europe provide a steady demand for the Peso. Without specific historical data, the pair's movements can be understood through the lens of relative economic performance and policy divergence between the two economies.
This analysis is provided for information only and is neither a forecast nor financial advice.
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| Date UTC | Rate | Change |
|---|---|---|
| 0,01426834 | +0.86% | |
| 0,01414732 | -0.19% | |
| 0,01417484 | +0.47% | |
| 0,01410811 | -0.57% | |
| 0,0141889 | -0.77% | |
| 0,01429876 | +0.28% | |
| 0,0142585 | +0.24% | |
| 0,01422403 | -0.23% |
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Displayed source: api.forex. Indicative values are used only as a visual fallback.