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Originally Posted by carol.prime
Correction: US$1.00 = Php53.000
3million = $159,000,000 (that's 3M x 53), NOT US$56603.774 = Php3million
And you're right gimo33, 3million pesos is not equal to $15,900,000,000........ It's $159,000,000 only!  
Peso-dollar exchange here is unstable. Sometimes it goes up to 60-is-to-1 or even lower than 50 per dollar.
Still and all, that's awful lot o' money! |
so with that you're saying that the peso is worth more than the US dollar? I think you put to much crak in the pipe.
3,000,000 Philippine Peso = 57,713.7 US Dollar
in order for him to make $159 000 000US he would have to make 8,302,417,140
159,000,000 US Dollar = 8,302,417,140 Philippine Peso