![]() The name euro was officially adopted on 16 December 1995 in Madrid. As of December 2019, with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. ![]() Additionally, over 200 million people worldwide use currencies pegged to the euro. Get the latest exchange rate for EUR to PHP from the Universal Currency Converter. Outside Europe, a number of special territories of EU members also use the euro as their currency. Convert Euro to Philippine Peso with live conversions in September 2023. Euros to Philippine pesos today Convert EUR to PHP at the real exchange rate. ![]() The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. This group of states is officially known as the euro area or, commonly, the eurozone, and includes about 344 million citizens as of 2023. Set rate alerts for EUR to INR and learn more about Euros and Indian Rupees from XE - the Currency Authority. The euro is the official currency of 20 of the 27 member states of the European Union. Get the latest 1 Euro to Indian Rupee rate for FREE with the original Universal Currency Converter.
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