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4 answers

You have to be more specific. There are many currencies in Africa. If it is a small country you will have to translate the currency to the US dollar (or Euro is OK) then to the peso.

2007-08-21 17:14:47 · answer #1 · answered by Gatsby216 7 · 0 0

Haha!
Great Question.
There are a few ways to answer the actually very difficult question you have asked. First, is to point you in the direction of some helpful websites...
Try < http://www.xe.com > --> < http://www.xe.com/ucc > for individual currency spot rates. As mentioned above, Africa is broken into many countries, and consequently has many currencies, much like "Asia" - so that's probably the place to start.

Second, there is a website I find very handy for getting currency charts - that is, historical rates - for comparison... on this one you can choose your base currency, ie, the PHP Peso, and compare in individually, or to several African currencies at once... the website here is :
< http://www.oanda.com/products/fxgraph/fxgraph.shtml >

(remember to click to select and click again to de-select the multiple currencies each time).

The second part of your question, which is the really really hard part, i suspect relates to a comparison the underlying value of production in Africa as a whole, in relation to that of the Philippines as a whole.

This is a toughie - as you are asking people to show more knowledge of the various Africa economies (including the significant influence of 'black-markets') than the collective wisdoms of African central bankers and governments; hence the fairly short answers posted so far. What that looks into is aggregate production and productivity irrespective of nominal currency valuations, fluctuations and or badly made monetary policies, and would usually need to be derived in a third party currency, eg US dollars or say gold, on a year on year basis.

I can go into all the detail if you'd like me to, and the methods on how to approximate economic value over and above that sometimes fickle nominal currency value, but I'd first suggest you have a quick look at the links above, as an investigation into exchange rates may suitably answer your questions without to much economics to muddle through if the economics not what you are after!
All the Best,
Robert.

2007-08-22 01:22:06 · answer #2 · answered by Robert B 2 · 1 0

Look at a map!!!! Africa is not one country it is many countries. Pick one of those countries Liberia for example and look up what the currency is. Then look up the curreny used in the Phillipines and compare the exchange rates.

2007-08-22 00:14:49 · answer #3 · answered by biteme4455 d 1 · 0 0

visit www.exchangerate.com

2007-08-22 05:18:55 · answer #4 · answered by freeman 3 · 0 0

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