2007-02-23 12:16:26 · 10 answers · asked by tre 1 in Travel ➔ Asia Pacific ➔ Philippines
you asked this question twice. That's annoying
2007-02-23 23:17:02 · answer #1 · answered by TonyB 6 · 0⤊ 0⤋
It all depends on what someone expects for their money. It also has nothing to do with exchange rate but different costs of doing business such as different import costs, labor costs, competition vs demand, and simply what people can afford among other things. Now in the Philippines you can get a pizza for 200p ($5) where I live and a fairly good pizza at that. In the US for similiar it costs you $12 for the same thing. If you get a supreme 14" here its about 300p ($7) while in the US $18. You can get a haircut for 60p here ( $1 1/2 dollars) as a guy but in the US $12-15. In the US females get a haircut and your talking $30-35 at a salon ((1300-1450p) while here the same gets a haircut and rebonding/relaxing or a celophane treatment with the haircut. But in the US Min wage is $7.25 (311p) while in the Philippines most jobs are paying closer to 150-200p a day while the better jobs pay 250-300p a day.... still under what a min wage worker in the US makes in 1 hour. Now when you consider that you can see that wage raises the price on US products massively as that farm worker makes at least min wage, that slaughterhouse guy makes min wage, that driver, packager, shipper, warehouse stockman, wholesaler, distributer, retailer all make at least min wage. Now with all those people and all those wages the same is paid for in the Phillipines off of the pay that would take care of just one of those US jobs for a dozen jobs here. Now don't forget here often no health insurance, no SS (SSS in the Philippines) and no pension plans here as there are ways to avoid such here. It has nothing to do with the exchange rate but about cost of labor and labor laws that protect the rich vs the workers. This is why normal Filipino's have almost no lifestyle. They have no money and barely pay rent in a crap boarding house and barely afford food. The little that is left is used for load for there phone or helping family in school. Eating a pizza is a luxury for most lower workers here that they are lucky if they can do twice a year.
2016-03-29 09:21:18 · answer #2 · answered by ? 4 · 0⤊ 0⤋
More than enough to retire for life if you are smart and don't let anyone cheat you. You sir are a Millionaire...if you move to Philippines. Believe me..I have been there many times and my wife is a Filipina....also there are countless currency convertors online and easy to find them..basicly it is about 49 peso to a dollar
2007-02-24 01:58:26 · answer #3 · answered by ronald b 2 · 0⤊ 0⤋
A$36,000.00
2007-02-23 12:24:07 · answer #4 · answered by Anonymous · 0⤊ 1⤋
For every American dollar, it is about 48.5 filipino pesos. Now if you do the math, it is $36,000.00 times 48.5. In filipino pesos, it is 1,746,000.
2007-02-23 12:26:31 · answer #5 · answered by caltam84 3 · 0⤊ 0⤋
At today's exchange rate, approximately 1,370,207.52 at the best banking rate. A more realistic conversion is at least a 2% conversion charge, so 1,397,611.67.
2007-02-23 12:21:30 · answer #6 · answered by highflyer 2 · 0⤊ 0⤋
as of these days one dollar is equavalent of 48 peso..and the rest do your math..
2007-02-23 13:30:11 · answer #7 · answered by joy emz 3 · 0⤊ 0⤋
1,368,253 pesos as per XE.com currency converter.
2007-02-23 12:25:26 · answer #8 · answered by fed up with stupid questions 4 · 0⤊ 0⤋
1,368,253.64 phillipino pesos
2007-02-23 12:24:19 · answer #9 · answered by hharry_m_uk 4 · 0⤊ 0⤋
it is $1,728,378.00 if 36,000 is USD
it is $41,754.60 if 36,000 is CAS
2007-02-23 12:21:17 · answer #10 · answered by dan_wasyliw 2 · 0⤊ 0⤋