Currency.Wiki

1 Philippine Peso to Euro

Updated 11 seconds ago
Convert 1 PHP:EUR
 PHP =
    EUR
 Philippine Peso =  Euros
Trending: ₱ exchange rates for the last 24 hours
  • PHP/USD 0.017398 -0.00050990
  • PHP/EUR 0.016034 -0.00058945
  • PHP/JPY 2.703947 0.01840727
  • PHP/GBP 0.013765 -0.00044937
  • PHP/CHF 0.015727 -0.00003243
  • PHP/MXN 0.291845 -0.01337510
  • PHP/INR 1.452446 -0.03412049
  • PHP/BRL 0.089567 0.00049468
  • PHP/CNY 0.125651 -0.00178240

PHP/EUR exchange rate analysis over the past 90 days

Philippine Peso to Euro exchange rate: Over the last 90 days, the Philippine Peso weakened by -3.68% against the Euro, declining from €0.0166 to €0.0160 per Philippine Peso. This trend reflects the evolving economic dynamics between the Philippines and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Philippines and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Philippines and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Philippines or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Philippines relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

php/eur Historical Chart

Philippine Peso Currency

Country: Philippines

Symbol:

ISO Code: PHP

Bank: Bangko Sentral ng Pilipinas

Interesting fact about Philippine Peso

The Philippine Peso (PHP) is the official currency of the Philippines. It has a rich history dating back to Spanish colonial rule and has evolved to become an essential part of the country's economy. The PHP is significant in the Philippines as it facilitates trade, investment, and daily transactions, contributing to the growth and development of the nation's economy.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

+
The Philippine Peso to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 PHP to EUR is €0.02.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Philippine Peso to Euro exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.