November 25, 2017, 3:46 pm
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1 Philippine Peso = 0.07254 UAE Dirham
1 Philippine Peso = 2.22066 Albanian Lek
1 Philippine Peso = 0.03521 Neth Antilles Guilder
1 Philippine Peso = 0.34299 Argentine Peso
1 Philippine Peso = 0.02592 Australian Dollar
1 Philippine Peso = 0.03516 Aruba Florin
1 Philippine Peso = 0.03951 Barbados Dollar
1 Philippine Peso = 1.60589 Bangladesh Taka
1 Philippine Peso = 0.03253 Bulgarian Lev
1 Philippine Peso = 0.00746 Bahraini Dinar
1 Philippine Peso = 34.51185 Burundi Franc
1 Philippine Peso = 0.01976 Bermuda Dollar
1 Philippine Peso = 0.02656 Brunei Dollar
1 Philippine Peso = 0.13552 Bolivian Boliviano
1 Philippine Peso = 0.06373 Brazilian Real
1 Philippine Peso = 0.01976 Bahamian Dollar
1 Philippine Peso = 1.27914 Bhutan Ngultrum
1 Philippine Peso = 0.20568 Botswana Pula
1 Philippine Peso = 395.49586 Belarus Ruble
1 Philippine Peso = 0.03947 Belize Dollar
1 Philippine Peso = 0.0251 Canadian Dollar
1 Philippine Peso = 0.01934 Swiss Franc
1 Philippine Peso = 12.5162 Chilean Peso
1 Philippine Peso = 0.13038 Chinese Yuan
1 Philippine Peso = 58.75346 Colombian Peso
1 Philippine Peso = 11.09502 Costa Rica Colon
1 Philippine Peso = 0.01976 Cuban Peso
1 Philippine Peso = 1.82714 Cape Verde Escudo
1 Philippine Peso = 0.42146 Czech Koruna
1 Philippine Peso = 3.5079 Djibouti Franc
1 Philippine Peso = 0.12329 Danish Krone
1 Philippine Peso = 0.94607 Dominican Peso
1 Philippine Peso = 2.26118 Algerian Dinar
1 Philippine Peso = 0.25918 Estonian Kroon
1 Philippine Peso = 0.34868 Egyptian Pound
1 Philippine Peso = 0.53457 Ethiopian Birr
1 Philippine Peso = 0.01656 Euro
1 Philippine Peso = 0.04139 Fiji Dollar
1 Philippine Peso = 0.01481 Falkland Islands Pound
1 Philippine Peso = 0.01481 British Pound
1 Philippine Peso = 0.09104 Ghanaian Cedi
1 Philippine Peso = 0.92967 Gambian Dalasi
1 Philippine Peso = 177.69657 Guinea Franc
1 Philippine Peso = 0.1449 Guatemala Quetzal
1 Philippine Peso = 4.07922 Guyana Dollar
1 Philippine Peso = 0.15426 Hong Kong Dollar
1 Philippine Peso = 0.46501 Honduras Lempira
1 Philippine Peso = 0.12517 Croatian Kuna
1 Philippine Peso = 1.22145 Haiti Gourde
1 Philippine Peso = 5.16041 Hungarian Forint
1 Philippine Peso = 266.6535 Indonesian Rupiah
1 Philippine Peso = 0.0693 Israeli Shekel
1 Philippine Peso = 1.27625 Indian Rupee
1 Philippine Peso = 23.03437 Iraqi Dinar
1 Philippine Peso = 696.06876 Iran Rial
1 Philippine Peso = 2.03813 Iceland Krona
1 Philippine Peso = 2.47234 Jamaican Dollar
1 Philippine Peso = 0.01397 Jordanian Dinar
1 Philippine Peso = 2.20192 Japanese Yen
1 Philippine Peso = 2.03576 Kenyan Shilling
1 Philippine Peso = 1.37669 Kyrgyzstan Som
1 Philippine Peso = 79.67207 Cambodia Riel
1 Philippine Peso = 8.28586 Comoros Franc
1 Philippine Peso = 17.77953 North Korean Won
1 Philippine Peso = 21.38305 Korean Won
1 Philippine Peso = 0.00596 Kuwaiti Dinar
1 Philippine Peso = 0.0162 Cayman Islands Dollar
1 Philippine Peso = 6.52213 Kazakhstan Tenge
1 Philippine Peso = 164.26314 Lao Kip
1 Philippine Peso = 29.7906 Lebanese Pound
1 Philippine Peso = 3.03635 Sri Lanka Rupee
1 Philippine Peso = 2.46247 Liberian Dollar
1 Philippine Peso = 0.27292 Lesotho Loti
1 Philippine Peso = 0.06023 Lithuanian Lita
1 Philippine Peso = 0.01226 Latvian Lat
1 Philippine Peso = 0.02699 Libyan Dinar
1 Philippine Peso = 0.18541 Moroccan Dirham
1 Philippine Peso = 0.34526 Moldovan Leu
1 Philippine Peso = 1.01442 Macedonian Denar
1 Philippine Peso = 26.92612 Myanmar Kyat
1 Philippine Peso = 48.20229 Mongolian Tugrik
1 Philippine Peso = 0.15888 Macau Pataca
1 Philippine Peso = 6.91426 Mauritania Ougulya
1 Philippine Peso = 0.68451 Mauritius Rupee
1 Philippine Peso = 0.30047 Maldives Rufiyaa
1 Philippine Peso = 14.14757 Malawi Kwacha
1 Philippine Peso = 0.36633 Mexican Peso
1 Philippine Peso = 0.0813 Malaysian Ringgit
1 Philippine Peso = 0.27483 Namibian Dollar
1 Philippine Peso = 7.03279 Nigerian Naira
1 Philippine Peso = 0.60352 Nicaragua Cordoba
1 Philippine Peso = 0.16042 Norwegian Krone
1 Philippine Peso = 2.04563 Nepalese Rupee
1 Philippine Peso = 0.02867 New Zealand Dollar
1 Philippine Peso = 0.0076 Omani Rial
1 Philippine Peso = 0.01976 Panama Balboa
1 Philippine Peso = 0.06392 Peruvian Nuevo Sol
1 Philippine Peso = 0.06337 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.07685 Pakistani Rupee
1 Philippine Peso = 0.0697 Polish Zloty
1 Philippine Peso = 111.98933 Paraguayan Guarani
1 Philippine Peso = 0.07516 Qatar Rial
1 Philippine Peso = 0.07679 Romanian New Leu
1 Philippine Peso = 1.15428 Russian Rouble
1 Philippine Peso = 16.47807 Rwanda Franc
1 Philippine Peso = 0.07408 Saudi Arabian Riyal
1 Philippine Peso = 0.15686 Solomon Islands Dollar
1 Philippine Peso = 0.26162 Seychelles Rupee
1 Philippine Peso = 0.13157 Sudanese Pound
1 Philippine Peso = 0.16365 Swedish Krona
1 Philippine Peso = 0.02658 Singapore Dollar
1 Philippine Peso = 0.01482 St Helena Pound
1 Philippine Peso = 0.43868 Slovak Koruna
1 Philippine Peso = 150.13829 Sierra Leone Leone
1 Philippine Peso = 11.00356 Somali Shilling
1 Philippine Peso = 406.44806 Sao Tome Dobra
1 Philippine Peso = 0.17286 El Salvador Colon
1 Philippine Peso = 10.17345 Syrian Pound
1 Philippine Peso = 0.27485 Swaziland Lilageni
1 Philippine Peso = 0.6448 Thai Baht
1 Philippine Peso = 0.04877 Tunisian Dinar
1 Philippine Peso = 0.04522 Tongan paʻanga
1 Philippine Peso = 0.07781 Turkish Lira
1 Philippine Peso = 0.13097 Trinidad Tobago Dollar
1 Philippine Peso = 0.5918 Taiwan Dollar
1 Philippine Peso = 44.15251 Tanzanian Shilling
1 Philippine Peso = 0.53121 Ukraine Hryvnia
1 Philippine Peso = 71.55275 Ugandan Shilling
1 Philippine Peso = 0.01976 United States Dollar
1 Philippine Peso = 0.57349 Uruguayan New Peso
1 Philippine Peso = 159.22561 Uzbekistan Sum
1 Philippine Peso = 0.19705 Venezuelan Bolivar
1 Philippine Peso = 448.93324 Vietnam Dong
1 Philippine Peso = 2.09581 Vanuatu Vatu
1 Philippine Peso = 0.05077 Samoa Tala
1 Philippine Peso = 10.85875 CFA Franc (BEAC)
1 Philippine Peso = 0.05334 East Caribbean Dollar
1 Philippine Peso = 10.88937 CFA Franc (BCEAO)
1 Philippine Peso = 1.96543 Pacific Franc
1 Philippine Peso = 4.93678 Yemen Riyal
1 Philippine Peso = 0.27485 South African Rand
1 Philippine Peso = 102.51877 Zambian Kwacha
1 Philippine Peso = 7.14935 Zimbabwe dollar

Pinoys optimistic on economy: SWS

Net optimism on the country’s economy remained in the “excellent” level despite an 11 point drop to +27 in the second quarter Social Weather Station (SWS) survey.

The June 23 to 26 survey, which involved 1,200 adult respondents nationwide and had a margin of error of +/-3 points, also showed  the net personal optimism improved to  +40 (44 percent optimistic or expect their quality of life to improve in the next 12 years, 4 percent pessimistic or expect their lives to deteriorate).

The survey showed  39 percent of the respondents are optimistic that the economy will improve in the next 12 months (down from 47 percent) while 12 percent said it will deteriorate (up from 9 percent).

This yielded a net optimism score of an “excellent” +27 despite being 11 points down from the “excellent” +38 in the March first quarter SWS survey. It is also down by 19 points from the “excellent” +56 net score in June last year.

SWS defines the net optimism score about the economy as “excellent” if +20 and up; “very high” if between +10 to +19; “high” if + 1 to + 9; “fair” if– 9 to zero; “mediocre” if –19 to –10; “low” if –29 to –20; “very low” if –30 down.

The survey also showed that the net optimism about the economy all stayed at the “excellent” level across geographical locations and socioeconomic classes despite a 7 to 15 points and 7 and 27 point drop, respectively.

Net optimism fell the most among class “ABC” with +22 (from +49), followed by those from class “B” with +27 (from +38), and class “E” with +25 (from +32); and among respondents from Mindanao with +34 (from +49), followed by those from Metro Manila with +27 (from +39); Luzon with +23 (from +33) and Visayas with +27 (from +34).

The SWS results also showed that 44 percent of respondents expect their quality of life to improve next year while 4 percent expects it to worsen yielding a net personal optimism score of an “excellent” +40, which is one grade up and four points higher than the “very high” +36 (43 percent optimism, 6 percent pessimism) in March.

SWS defines net personal optimism as “excellent” if +40 and up; “very high” if between +30 to +39; “high” if + 20 to + 29; “fair” if 10 to 19; “mediocre” if +1 to +9; “low” if –9 to zero; “very low” if –10 down. A change between net optimism level is viewed either as an upgrade or downgrade.

The SWS found the net personal optimism scores all improving across geographical location and socioeconomic class, with an “excellent” +46 (from +43) among respondents from Metro Manila and +42 (from +37) among those from Luzon, and a “very high” +37 (from +32) and +36 (from +34) among respondents from Mindanao and Visayas, respectively.

In terms of socioeconomic groups, net personal optimism improved to an “excellent” +41 (from +38) among respondents from class “D”; and remained “very high” at +39 (from +37) among class ABC; and improved to a “high” +37 (from +29) among class “E.”

The survey also found that 37 percent (up from 35 percent) of the respondents claimed that their lives improved (“gainers”) in the last 12 months while 19 percent (unchanged from March) said they’re worse off (“losers”), which yielded a “very high” +17 net gainers score (almost unchanged from +16 in March).

SWS defines the net gainers’ score as “excellent” if +20 and up; “very high” if between +10 to +19; “high” if + 1 to + 9; “fair” if– 9 to zero; “mediocre” if –19 to –10; “low” if –29 to –20; “very low” if –30 down and a movement between levels as an upgrade or downgrade.

The survey said there were more net gainers from Luzon with an “excellent” +20 (from +11), followed by those from Visayas with a “very high” +19 (from 14), from Metro Manila with a “very high” +14 (from +26), and Mindanao with a “very high” +13 (from +21).

Net gainers reading remained in the “excellent” level among respondents from class “ABC” with +27 (from +23), in the “very high” level among class “D” with 18 (unchanged from March), and in the high” level among class “E” with +9 (unchanged from March).

Presidential spokesman Ernesto Abella said Malacanang welcomed the latest SWS results which he attributed to the significant strides that the Duterte government had made to address poverty during its first year in office.

Abella said among the programs implemented includes the provisions of free medicine to indigents and bar of requiring a hospital deposit before being given treatment, free education to public school up to college, free irrigation to farmers, free public internet access, higher pension for seniors, increased combat duty pay and combat incentive pay for soldiers and policemen, additional rice subsidy to conditional cash transfer recipients, an improved microfinancing system and higher employment compensation funeral benefit.

“However, much more needs to be done, such as implementing institutional changes. The government has thus certified as urgent a comprehensive tax reform package to boost the economy and accelerate infrastructure development while raising spending for the poor. This would lay down a strong foundation for inclusive and sustainable growth to enable our people to achieve their aspiration of a matatag, maginhawa, at panatag na buhay,” he said.
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