Templating php

template.php

$content = "I'm {{name}}, I live in {{location}}";

$var['name'] = 'Max';
$var['location'] = 'Paris';

preg_match_all('|{{(.*?)}}|',$content, $matches);
foreach ($matches[1] as $key => $value) {   
    $content = str_replace('{{' . $value . '}}', $var[$value], $content);
}

echo $content;