July 23, 2018, 9:22 pm
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1 Philippine Peso = 0.06891 UAE Dirham
1 Philippine Peso = 1.99812 Albanian Lek
1 Philippine Peso = 0.03452 Neth Antilles Guilder
1 Philippine Peso = 0.51726 Argentine Peso
1 Philippine Peso = 0.02526 Australian Dollar
1 Philippine Peso = 0.0334 Aruba Florin
1 Philippine Peso = 0.03752 Barbados Dollar
1 Philippine Peso = 1.57017 Bangladesh Taka
1 Philippine Peso = 0.03144 Bulgarian Lev
1 Philippine Peso = 0.00709 Bahraini Dinar
1 Philippine Peso = 32.85141 Burundi Franc
1 Philippine Peso = 0.01876 Bermuda Dollar
1 Philippine Peso = 0.02546 Brunei Dollar
1 Philippine Peso = 0.12871 Bolivian Boliviano
1 Philippine Peso = 0.07076 Brazilian Real
1 Philippine Peso = 0.01876 Bahamian Dollar
1 Philippine Peso = 1.29362 Bhutan Ngultrum
1 Philippine Peso = 0.19433 Botswana Pula
1 Philippine Peso = 375.60976 Belarus Ruble
1 Philippine Peso = 0.03748 Belize Dollar
1 Philippine Peso = 0.02466 Canadian Dollar
1 Philippine Peso = 0.01861 Swiss Franc
1 Philippine Peso = 12.39231 Chilean Peso
1 Philippine Peso = 0.12694 Chinese Yuan
1 Philippine Peso = 53.79925 Colombian Peso
1 Philippine Peso = 10.56379 Costa Rica Colon
1 Philippine Peso = 0.01876 Cuban Peso
1 Philippine Peso = 1.76454 Cape Verde Escudo
1 Philippine Peso = 0.41373 Czech Koruna
1 Philippine Peso = 3.33021 Djibouti Franc
1 Philippine Peso = 0.11925 Danish Krone
1 Philippine Peso = 0.92946 Dominican Peso
1 Philippine Peso = 2.2063 Algerian Dinar
1 Philippine Peso = 0.2502 Estonian Kroon
1 Philippine Peso = 0.3349 Egyptian Pound
1 Philippine Peso = 0.51238 Ethiopian Birr
1 Philippine Peso = 0.01599 Euro
1 Philippine Peso = 0.03929 Fiji Dollar
1 Philippine Peso = 0.01427 Falkland Islands Pound
1 Philippine Peso = 0.0143 British Pound
1 Philippine Peso = 0.08965 Ghanaian Cedi
1 Philippine Peso = 0.8925 Gambian Dalasi
1 Philippine Peso = 169.1182 Guinea Franc
1 Philippine Peso = 0.14047 Guatemala Quetzal
1 Philippine Peso = 3.89268 Guyana Dollar
1 Philippine Peso = 0.14725 Hong Kong Dollar
1 Philippine Peso = 0.44908 Honduras Lempira
1 Philippine Peso = 0.11833 Croatian Kuna
1 Philippine Peso = 1.26435 Haiti Gourde
1 Philippine Peso = 5.20544 Hungarian Forint
1 Philippine Peso = 271.57598 Indonesian Rupiah
1 Philippine Peso = 0.06798 Israeli Shekel
1 Philippine Peso = 1.28997 Indian Rupee
1 Philippine Peso = 22.32645 Iraqi Dinar
1 Philippine Peso = 817.63602 Iran Rial
1 Philippine Peso = 1.99062 Iceland Krona
1 Philippine Peso = 2.44371 Jamaican Dollar
1 Philippine Peso = 0.01329 Jordanian Dinar
1 Philippine Peso = 2.09036 Japanese Yen
1 Philippine Peso = 1.88462 Kenyan Shilling
1 Philippine Peso = 1.27979 Kyrgyzstan Som
1 Philippine Peso = 75.96623 Cambodia Riel
1 Philippine Peso = 7.86454 Comoros Franc
1 Philippine Peso = 16.88555 North Korean Won
1 Philippine Peso = 21.13321 Korean Won
1 Philippine Peso = 0.00568 Kuwaiti Dinar
1 Philippine Peso = 0.01538 Cayman Islands Dollar
1 Philippine Peso = 6.50019 Kazakhstan Tenge
1 Philippine Peso = 157.69231 Lao Kip
1 Philippine Peso = 28.24578 Lebanese Pound
1 Philippine Peso = 2.99906 Sri Lanka Rupee
1 Philippine Peso = 2.82176 Liberian Dollar
1 Philippine Peso = 0.25122 Lesotho Loti
1 Philippine Peso = 0.0572 Lithuanian Lita
1 Philippine Peso = 0.01164 Latvian Lat
1 Philippine Peso = 0.02582 Libyan Dinar
1 Philippine Peso = 0.17712 Moroccan Dirham
1 Philippine Peso = 0.31191 Moldovan Leu
1 Philippine Peso = 0.98124 Macedonian Denar
1 Philippine Peso = 27.07317 Myanmar Kyat
1 Philippine Peso = 45.94747 Mongolian Tugrik
1 Philippine Peso = 0.15166 Macau Pataca
1 Philippine Peso = 6.66041 Mauritania Ougulya
1 Philippine Peso = 0.64259 Mauritius Rupee
1 Philippine Peso = 0.29212 Maldives Rufiyaa
1 Philippine Peso = 13.38537 Malawi Kwacha
1 Philippine Peso = 0.35681 Mexican Peso
1 Philippine Peso = 0.07617 Malaysian Ringgit
1 Philippine Peso = 0.25131 Namibian Dollar
1 Philippine Peso = 6.73546 Nigerian Naira
1 Philippine Peso = 0.58799 Nicaragua Cordoba
1 Philippine Peso = 0.1534 Norwegian Krone
1 Philippine Peso = 2.06473 Nepalese Rupee
1 Philippine Peso = 0.02754 New Zealand Dollar
1 Philippine Peso = 0.00721 Omani Rial
1 Philippine Peso = 0.01876 Panama Balboa
1 Philippine Peso = 0.06142 Peruvian Nuevo Sol
1 Philippine Peso = 0.06111 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.40338 Pakistani Rupee
1 Philippine Peso = 0.06911 Polish Zloty
1 Philippine Peso = 107.46904 Paraguayan Guarani
1 Philippine Peso = 0.06831 Qatar Rial
1 Philippine Peso = 0.07438 Romanian New Leu
1 Philippine Peso = 1.1907 Russian Rouble
1 Philippine Peso = 16.006 Rwanda Franc
1 Philippine Peso = 0.07036 Saudi Arabian Riyal
1 Philippine Peso = 0.14815 Solomon Islands Dollar
1 Philippine Peso = 0.25182 Seychelles Rupee
1 Philippine Peso = 0.33678 Sudanese Pound
1 Philippine Peso = 0.16626 Swedish Krona
1 Philippine Peso = 0.02554 Singapore Dollar
1 Philippine Peso = 0.01428 St Helena Pound
1 Philippine Peso = 0.41662 Slovak Koruna
1 Philippine Peso = 157.41088 Sierra Leone Leone
1 Philippine Peso = 10.69418 Somali Shilling
1 Philippine Peso = 392.12008 Sao Tome Dobra
1 Philippine Peso = 0.16417 El Salvador Colon
1 Philippine Peso = 9.66191 Syrian Pound
1 Philippine Peso = 0.25104 Swaziland Lilageni
1 Philippine Peso = 0.62495 Thai Baht
1 Philippine Peso = 0.04951 Tunisian Dinar
1 Philippine Peso = 0.0442 Tongan paʻanga
1 Philippine Peso = 0.0899 Turkish Lira
1 Philippine Peso = 0.12621 Trinidad Tobago Dollar
1 Philippine Peso = 0.57388 Taiwan Dollar
1 Philippine Peso = 42.58912 Tanzanian Shilling
1 Philippine Peso = 0.49568 Ukraine Hryvnia
1 Philippine Peso = 70.09381 Ugandan Shilling
1 Philippine Peso = 0.01876 United States Dollar
1 Philippine Peso = 0.58555 Uruguayan New Peso
1 Philippine Peso = 145.53471 Uzbekistan Sum
1 Philippine Peso = 2245.77861 Venezuelan Bolivar
1 Philippine Peso = 432.49531 Vietnam Dong
1 Philippine Peso = 2.06942 Vanuatu Vatu
1 Philippine Peso = 0.04922 Samoa Tala
1 Philippine Peso = 10.49099 CFA Franc (BEAC)
1 Philippine Peso = 0.05066 East Caribbean Dollar
1 Philippine Peso = 10.49099 CFA Franc (BCEAO)
1 Philippine Peso = 1.90938 Pacific Franc
1 Philippine Peso = 4.68762 Yemen Riyal
1 Philippine Peso = 0.25122 South African Rand
1 Philippine Peso = 97.36398 Zambian Kwacha
1 Philippine Peso = 6.78987 Zimbabwe dollar

BUT NOT EXACTLY POOR; 2M live in slums

Slum poverty in the Philippines cannot be simply addressed by traditional poverty programs such as cash transfers. The government needs to take regulatory actions that cut across administrative boundaries, a study published by the Asian Development Bank said.
 
The ADB publication titled, The Environments of the Poor in Southeast Asia, East Asia, and the Pacific, said that while many countries have made progress in reducing poverty, living standards for many poor people remain a major challenge due to the worsening environment degradation and increasing vulnerability to climate change.
 
The book compiled several papers on countries in the three regions, one of which looked into the situation of those individuals located in slum areas in the Philippines.
 
The paper titled, “Slum Poverty in the Philippines: Can the Environment Agenda Drive Public Action?” mentioned that Metro Manila is home to about two million slum dwellers, which make up 16 percent of the city’s population in 2010.
 
However, it said that households in slum areas are not necessarily income poor.
 
The report, authored by Philippine Institute for Development Studies Senior Research Fellow Marife Ballesteros, said that in 2010, more than 50 percent of the urban slum population in Manila live above the poverty line and can spend between $2 and $4 per day, but still reside in poor environments.
 
“The slum-dwellers who live above the poverty line usually make minimum salaries or wages and work casually. They continue living in the slums because there is no alternative shelter in the city and they cannot afford the cost of travelling from distant, less expensive, peri-urban regions for work and income earning opportunities in urban centers,” the study said.
 
“At the same time, not all the poor live in slums. Some are scattered around the city in areas with similar physical environments as the slums — a deficit of infrastructure and an insecurity of tenure,” it added.
 
The publication said that on a daily basis, slum dwellers are confronted with congestion, substandard housing, and a physically deteriorated environment that lacks public services altogether or has them only in a poorly maintained state.
 
The study noted that some slums have been formed in hazardous places, such as fault lines, unstable slopes, and rivers banks, among others.
 
“These locations are vulnerable to natural disasters and climate change. These environmental conditions lead to deepening poverty and rising inequalities through the following channels,” it said.
 
The report added that climate change is expected to increase illness in slums through increasingly severe and frequent natural hazards.
 
“The slum environment requires people with low income to pay more for basic services. It also requires them to pay for services to defend themselves from the likely effects of climate change in their living environment,” the study said.
 
“Unfortunately, these problems do not motivate the government to act since the government does not look at shelter deprivation as part of urban poverty caused by the environment. Shelter deprivation is mainly perceived as income poverty,” it added.
 
The publication said that government programmes on shelter are mostly directed to improving affordability of individual households, while less attention is given to settlement planning and infrastructure development.
 
“The threat to settlements brought about by climate change are mainly translated into activities and strategies for disaster response rather than effective prevention,” it said.
 
The report argued that slum poverty cannot be simply addressed by cash transfer programs.
 
“Slum formation and growth is not the simple result of rapid urbanization or income poverty, but also of a weak regulatory environment for urban planning, land development, and land markets. Insufficient government spending on infrastructure is also a major factor in slum formation,” it said.
 
The study said that the solution to slum poverty involves giving adequate attention to town planning to ensure appropriate land use planning and proper implementation of building codes and environmental laws.
 
“The provision of space for housing low-income families and the expansion of urban infrastructure to underserved, informal settlements should be an integral component of town planning,” the report said.
 
“Unlike in rural areas and smaller towns, where space allows more opportunities for the poor to change their environment, in metropolitan cities and slums individual households’ adaptation to climate change induced flooding and heat waves, and to congestion cannot substitute proper town planning,” it added.
 
The study concluded that adaptation requires government investment and regulatory actions, which is only effective through a strong presence of the national government, specifically for concerns that cut across boundaries of lower administrative or political units.
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