Dollars and Pesos Around The World
By hereandthere
@hereandthere (45628)
Philippines
May 10, 2016 12:33am CST
Mylot pays in US dollars (USD), which is equivalent to 46.97 Philippine Pesos (PHP) as of today, May 10, 2016, but we also know that many other countries' currencies are also called dollars.
So, here is a sample of how much these other dollars will convert to PHP. There are actually many more countries, some even using USD, but I chose those where many Filipinos live and work.
Canada: 1 CAD = 36.18 PHP
Australia: 1 AUD = 34.33 PHP
Brunei: 1 BND = 34.24 PHP
Singapore: 1 SGD = 34.23 PHP
New Zealand: 1 NZD = 31.65 PHP
Hong Kong: 1 HKD = 6.05 PHP
Taiwan: 1 TWD = 1.45 PHP
Out of curiosity, I also checked what other countries use Peso and how much 1 Peso of their currency would convert to Philippine Peso.
Argentina: 1 ARS = 3.30 PHP
Mexico: 1 MXN = 2.58 PHP
Uruguay: 1 UYU = 1.48 PHP
Dominican Republic: 1 DOP = 1.02 PHP
Chile: 1 CLP = 0.070 PHP
Colombia: 1 COP = 0.016 PHP
Cuba:
Cuban Peso 1 CUP = 1.77 PHP
Cuban Convertible Peso 1 CUC = 46.99 PHP
Some people go to other countries to earn more, but everything in that country costs more, too.
Some retire abroad so their pensions can go further, but it also means the services and amenities they're used to aren't available.
Having the resources to spend equal time between two countries would be really nice. 
19 people like this
16 responses
@SIMPLYD (90717)
• Philippines
10 May 16
@hereandthere I bet because he has his medical insurance there .
2 people like this
@hereandthere (45628)
• Philippines
10 May 16
actually, i think it also depends on their health, lifestyle and if they're supporting other family members.
yes, i have a relative who goes back to the us for medical checkups and treatments.
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
i don't know, but i've always been interested in/wanted to visit central and south american countries
1 person likes this
@skysnap (20152)
•
10 May 16
@hereandthere yes south america has it's shares of crime and all stuff. but overall good countries to visit.
1 person likes this
@sishy7 (27166)
• Australia
10 May 16
@hereandthere there was a time when AUD is higher than USD, I think it was around early 2000s...
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
i've always thought canadian, australian and new zealand dollars would be closer to us dollars
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
yes, i checked out the wikipedia articles on dollar and peso, but didn't attach the links here.
we say otso (from the spanish ocho) or walo for eight.
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
@LadyDuck but when i read otto, i think of it as a russian or german male name.
1 person likes this
@LadyDuck (502573)
• Italy
10 May 16
@hereandthere Italian (that is my language) is similar to Spanish, we say otto for eight.
2 people like this
@hereandthere (45628)
• Philippines
10 May 16
not that big of a difference yet
when it comes to cost of living, what's expensive there - food, rent, transpo, clothes?
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
@Lucky15 maybe that's why i'm not suited for work abroad. i buy them if i really need them, so i'll probably end up deep in debt, then deported. hahaha!
1 person likes this
@Lucky15 (37391)
• Philippines
10 May 16
@hereandthere expensive. I was.likedoing the math on every item i bought. Haha
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
today 1 kuwaiti dinar equals 154.95 php. was it higher or lower when you were working there?
2 people like this
@hereandthere (45628)
• Philippines
10 May 16
@ridingbet wow! and why not, right? it's a great way to treat yourself working hard away from home.
2 people like this
@ridingbet (66854)
• Philippines
10 May 16
@hereandthere it was only P86 to 1KD but we can earn much during that time. i can even eat in a 5-star hotel with just 10KD.
2 people like this
@hereandthere (45628)
• Philippines
10 May 16
because you buy or pay for stuff online?
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
@MGjhaud i've always known some people do that, but me, if i really need it, i withdraw it, even if they deduct 50 pesos from it.
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
no more living and traveling abroad like when you were young
1 person likes this
@Jessicalynnt (50523)
• Centralia, Missouri
10 May 16
I used to live in a state with no sales tax minutes from another state WITH sales tax, people would pay me to pick up stuff for them all the time, tax free. lol
1 person likes this
@hereandthere (45628)
• Philippines
11 May 16
wow, no sales tax! what stuff do usually "order"? do they buy them in bulk? how do you send them back to them?
1 person likes this
@hereandthere (45628)
• Philippines
11 May 16
@Jessicalynnt yeah, it has to be an expensive item to get big savings
1 person likes this
@Jessicalynnt (50523)
• Centralia, Missouri
11 May 16
@hereandthere I'd just drop it off next time I was in town. Usually this was reserved for big purchases, like once I got give a ton of cash to go get some power tool, saved them a couple hundred on taxes, cant remember what it was, only that it cost a TON
1 person likes this
@hereandthere (45628)
• Philippines
10 May 16
oh, i'm sure everyone would travel all the time and not worry about saving up and still overspending then having to work double time when they come home.
1 person likes this
@hereandthere (45628)
• Philippines
17 May 16
it's good to hang on to other currencies in case you're going to need money for important expenses later on. they say money changers offer better rates than banks.
1 person likes this
@Yar_Joey (3271)
• Philippines
17 May 16
@hereandthere Sometimes but I have to be careful because they are also cunning.
@acelawrites (19272)
• Philippines
28 May 16
Nice info. But we are always interested on the US dollar to Php because we are paid by writing sites in USD.
1 person likes this
@hereandthere (45628)
• Philippines
28 May 16
what's interesting to me when i researched this was the other countries that also use peso and the conversion to our money
