1,000 Euro to Philippine Peso today
At the indicative interbank rate of 1 EUR = 62.00 PHP, live, June 2026. Updated .
What €1,000 EUR is worth
Two to three weeks weaving through Philippine cities, beaches and islands fit within $1,000 — resort nights, daily dining, inter-island flights and tours, far more than Japan or Korea would give for the sum.
What you'll actually receive after fees
On an OFW remittance to the Philippines, after a typical 1–4% provider margin, €1,000 EUR is worth roughly ₱59,520.00–₱61,380.00 PHP in practice — so compare the final amount, not just the mid-market rate.
What moves the EUR/PHP rate
The Philippine peso is shaped above all by remittances: the Philippines is among the world's largest recipients, with overseas Filipino workers (OFWs) sending tens of billions of dollars a year. The BSP targets inflation; the rate tracks US rates and the strength of those flows. The other way round, ₱1 PHP buys about €0.01613 EUR today.
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FAQ
How much is 1,000 EUR in PHP today?
The converted amount shown (₱62,000.00 PHP) is calculated at the indicative mid-market interbank rate, updated daily. Transfer services add a 1%-4% spread on top. This is not a transfer quote.