Euro to Philippine Peso exchange rate

Summary EUR/PHP today

1 € = ₱ 70.404
1 ₱ = € 0.0142 -0,36%
Last updated: 2026/04/20 17:45

Convert between Euros and Philippine Pesos

 €
=
1.2000
Flip currencies

Euro to Philippine Peso historical chart

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Time period:

1 year or Since 2019

Top 5 biggest currency moves against the Euro over the last 7 days

Currency
Silver (oz)
2.0318 €2.193 €+7.92%
Bitcoin (BTC)
61,576 €63,991 €+4.43%
Gold Sovereign
948.02 €966.02 €+1.89%
Gold (oz)
129.47 €131.93 €+1.89%
Egyptian Pound (EGP)
0.0161 €0.0163 €+1.87%
Iraqi Dinar (IQD)
0.0007 €0.0006 €-0.55%
Algerian Dinar (DZD)
0.0065 €0.0064 €-0.55%
Turkish Lira (TRY)
0.0191 €0.0189 €-0.85%
Yemeni Rial (YER)
0.0036 €0.0036 €-1.12%
Ukrainian Hryvnia (UAH)
0.0197 €0.0192 €-2.17%
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About Philippine Peso

Currency namePhilippine Peso
Symbol
Also known asPHP, Philippine Peso, ₱1 = 100 centavos
ISO codePHP
Banknotes₱20, ₱50, ₱100, ₱200, ₱500, ₱1000
Coins1, 5, 10, 25 centavos; ₱1, ₱5, ₱10, ₱20
Central bankBangko Sentral ng Pilipinas (BSP) - Website: www.bsp.gov.ph
Countries1 country: Philippines (capital: Manila, major cities: Manila, Quezon City, Davao, Cebu)
Population110 mil.

History

The Philippine peso, known in Filipino as piso, has a long history tracing back to Spanish colonisation. Spain introduced the silver peso ("piece of eight") to the Philippines in the 16th century, and this coin became the dominant trade currency across East Asia for two centuries. Philippine silver pesos were minted in Manila, and their purity was so trusted that they circulated as far as China, Japan, and the Middle East.

After Spain ceded the Philippines to the United States following the Spanish-American War (1898), the US introduced a new monetary system in 1903. The Philippine peso was tied to the gold dollar at 2 pesos per dollar — a rate that held until the 1930s. The Japanese occupation during World War II (1942–1945) introduced Japanese-issued military pesos; after liberation, pre-war currency was restored.

Independence in 1946 brought continued use of the peso under Bangko Sentral ng Pilipinas oversight. The exchange rate was fixed at 2 pesos per dollar until 1960, then depreciated through successive adjustments. The peso floated after the 1983 assassination of opposition leader Benigno Aquino triggered a financial crisis, falling from 11 pesos per dollar to over 20.

The Philippines weathered the 1997 Asian Financial Crisis better than neighbours. Today the peso trades freely, with the Bangko Sentral ng Pilipinas intervening to smooth excessive volatility. Remittances from overseas Filipino workers — one of the world's largest diaspora flows — provide a major and stable source of foreign exchange.

Sources:

"Philippine peso", Wikipedia, https://en.wikipedia.org/wiki/Philippine_peso

"Bangko Sentral ng Pilipinas", Wikipedia, https://en.wikipedia.org/wiki/Bangko_Sentral_ng_Pilipinas