Are there any best practices for efficiently replacing values in a template using PHP?

When replacing values in a template using PHP, it is best practice to use the `str_replace()` function to efficiently replace placeholders with actual values. This function allows you to specify the search string, the replacement string, and the input string. By using this function, you can easily replace multiple occurrences of a placeholder in a template without having to manually loop through the string.

$template = "Hello, {name}! Your email is {email}.";
$values = array(
    'name' => 'John Doe',
    'email' => 'johndoe@example.com'
);

foreach ($values as $key => $value) {
    $template = str_replace('{' . $key . '}', $value, $template);
}

echo $template;