February 19, 2018, 2:15 am
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1 Philippine Peso = 0.07035 UAE Dirham
1 Philippine Peso = 2.03736 Albanian Lek
1 Philippine Peso = 0.0341 Neth Antilles Guilder
1 Philippine Peso = 0.37852 Argentine Peso
1 Philippine Peso = 0.02417 Australian Dollar
1 Philippine Peso = 0.0341 Aruba Florin
1 Philippine Peso = 0.03831 Barbados Dollar
1 Philippine Peso = 1.58755 Bangladesh Taka
1 Philippine Peso = 0.03006 Bulgarian Lev
1 Philippine Peso = 0.00722 Bahraini Dinar
1 Philippine Peso = 33.54368 Burundi Franc
1 Philippine Peso = 0.01916 Bermuda Dollar
1 Philippine Peso = 0.02532 Brunei Dollar
1 Philippine Peso = 0.13142 Bolivian Boliviano
1 Philippine Peso = 0.06189 Brazilian Real
1 Philippine Peso = 0.01916 Bahamian Dollar
1 Philippine Peso = 1.22893 Bhutan Ngultrum
1 Philippine Peso = 0.18046 Botswana Pula
1 Philippine Peso = 383.5249 Belarus Ruble
1 Philippine Peso = 0.03827 Belize Dollar
1 Philippine Peso = 0.02404 Canadian Dollar
1 Philippine Peso = 0.01774 Swiss Franc
1 Philippine Peso = 11.3659 Chilean Peso
1 Philippine Peso = 0.12153 Chinese Yuan
1 Philippine Peso = 54.27203 Colombian Peso
1 Philippine Peso = 10.83966 Costa Rica Colon
1 Philippine Peso = 0.01916 Cuban Peso
1 Philippine Peso = 1.70268 Cape Verde Escudo
1 Philippine Peso = 0.39128 Czech Koruna
1 Philippine Peso = 3.38755 Djibouti Franc
1 Philippine Peso = 0.115 Danish Krone
1 Philippine Peso = 0.93544 Dominican Peso
1 Philippine Peso = 2.16856 Algerian Dinar
1 Philippine Peso = 0.24138 Estonian Kroon
1 Philippine Peso = 0.33716 Egyptian Pound
1 Philippine Peso = 0.52165 Ethiopian Birr
1 Philippine Peso = 0.01543 Euro
1 Philippine Peso = 0.03813 Fiji Dollar
1 Philippine Peso = 0.01366 Falkland Islands Pound
1 Philippine Peso = 0.01366 British Pound
1 Philippine Peso = 0.08656 Ghanaian Cedi
1 Philippine Peso = 0.89866 Gambian Dalasi
1 Philippine Peso = 172.37548 Guinea Franc
1 Philippine Peso = 0.14054 Guatemala Quetzal
1 Philippine Peso = 3.9364 Guyana Dollar
1 Philippine Peso = 0.14982 Hong Kong Dollar
1 Philippine Peso = 0.45019 Honduras Lempira
1 Philippine Peso = 0.11447 Croatian Kuna
1 Philippine Peso = 1.21437 Haiti Gourde
1 Philippine Peso = 4.80326 Hungarian Forint
1 Philippine Peso = 259.67432 Indonesian Rupiah
1 Philippine Peso = 0.06787 Israeli Shekel
1 Philippine Peso = 1.23063 Indian Rupee
1 Philippine Peso = 22.68199 Iraqi Dinar
1 Philippine Peso = 709.84673 Iran Rial
1 Philippine Peso = 1.91667 Iceland Krona
1 Philippine Peso = 2.39444 Jamaican Dollar
1 Philippine Peso = 0.01355 Jordanian Dinar
1 Philippine Peso = 2.03307 Japanese Yen
1 Philippine Peso = 1.93774 Kenyan Shilling
1 Philippine Peso = 1.30544 Kyrgyzstan Som
1 Philippine Peso = 76.53257 Cambodia Riel
1 Philippine Peso = 7.57567 Comoros Franc
1 Philippine Peso = 17.24138 North Korean Won
1 Philippine Peso = 20.41552 Korean Won
1 Philippine Peso = 0.00573 Kuwaiti Dinar
1 Philippine Peso = 0.01571 Cayman Islands Dollar
1 Philippine Peso = 6.12088 Kazakhstan Tenge
1 Philippine Peso = 158.62069 Lao Kip
1 Philippine Peso = 28.83908 Lebanese Pound
1 Philippine Peso = 2.97165 Sri Lanka Rupee
1 Philippine Peso = 2.44272 Liberian Dollar
1 Philippine Peso = 0.22308 Lesotho Loti
1 Philippine Peso = 0.0584 Lithuanian Lita
1 Philippine Peso = 0.01189 Latvian Lat
1 Philippine Peso = 0.02534 Libyan Dinar
1 Philippine Peso = 0.17539 Moroccan Dirham
1 Philippine Peso = 0.31734 Moldovan Leu
1 Philippine Peso = 0.9454 Macedonian Denar
1 Philippine Peso = 25.42146 Myanmar Kyat
1 Philippine Peso = 45.82375 Mongolian Tugrik
1 Philippine Peso = 0.15425 Macau Pataca
1 Philippine Peso = 6.68582 Mauritania Ougulya
1 Philippine Peso = 0.61303 Mauritius Rupee
1 Philippine Peso = 0.29828 Maldives Rufiyaa
1 Philippine Peso = 13.66743 Malawi Kwacha
1 Philippine Peso = 0.35467 Mexican Peso
1 Philippine Peso = 0.07454 Malaysian Ringgit
1 Philippine Peso = 0.22274 Namibian Dollar
1 Philippine Peso = 6.87739 Nigerian Naira
1 Philippine Peso = 0.59195 Nicaragua Cordoba
1 Philippine Peso = 0.14901 Norwegian Krone
1 Philippine Peso = 1.96697 Nepalese Rupee
1 Philippine Peso = 0.02593 New Zealand Dollar
1 Philippine Peso = 0.00737 Omani Rial
1 Philippine Peso = 0.01916 Panama Balboa
1 Philippine Peso = 0.06225 Peruvian Nuevo Sol
1 Philippine Peso = 0.06025 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.11398 Pakistani Rupee
1 Philippine Peso = 0.0642 Polish Zloty
1 Philippine Peso = 106.68774 Paraguayan Guarani
1 Philippine Peso = 0.06973 Qatar Rial
1 Philippine Peso = 0.07198 Romanian New Leu
1 Philippine Peso = 1.08044 Russian Rouble
1 Philippine Peso = 16.10153 Rwanda Franc
1 Philippine Peso = 0.07184 Saudi Arabian Riyal
1 Philippine Peso = 0.14875 Solomon Islands Dollar
1 Philippine Peso = 0.25546 Seychelles Rupee
1 Philippine Peso = 0.34393 Sudanese Pound
1 Philippine Peso = 0.15255 Swedish Krona
1 Philippine Peso = 0.02511 Singapore Dollar
1 Philippine Peso = 0.01367 St Helena Pound
1 Philippine Peso = 0.4254 Slovak Koruna
1 Philippine Peso = 146.16858 Sierra Leone Leone
1 Philippine Peso = 10.76628 Somali Shilling
1 Philippine Peso = 378.35439 Sao Tome Dobra
1 Philippine Peso = 0.16762 El Salvador Colon
1 Philippine Peso = 9.86552 Syrian Pound
1 Philippine Peso = 0.22276 Swaziland Lilageni
1 Philippine Peso = 0.59923 Thai Baht
1 Philippine Peso = 0.04546 Tunisian Dinar
1 Philippine Peso = 0.04238 Tongan paʻanga
1 Philippine Peso = 0.07167 Turkish Lira
1 Philippine Peso = 0.12904 Trinidad Tobago Dollar
1 Philippine Peso = 0.55669 Taiwan Dollar
1 Philippine Peso = 43.02682 Tanzanian Shilling
1 Philippine Peso = 0.51715 Ukraine Hryvnia
1 Philippine Peso = 69.38697 Ugandan Shilling
1 Philippine Peso = 0.01916 United States Dollar
1 Philippine Peso = 0.54521 Uruguayan New Peso
1 Philippine Peso = 156.47509 Uzbekistan Sum
1 Philippine Peso = 477.73945 Venezuelan Bolivar
1 Philippine Peso = 434.75095 Vietnam Dong
1 Philippine Peso = 2.01916 Vanuatu Vatu
1 Philippine Peso = 0.04802 Samoa Tala
1 Philippine Peso = 10.11303 CFA Franc (BEAC)
1 Philippine Peso = 0.05172 East Caribbean Dollar
1 Philippine Peso = 10.11303 CFA Franc (BCEAO)
1 Philippine Peso = 1.81628 Pacific Franc
1 Philippine Peso = 4.78831 Yemen Riyal
1 Philippine Peso = 0.22279 South African Rand
1 Philippine Peso = 99.41571 Zambian Kwacha
1 Philippine Peso = 6.93295 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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