Wednesday, April 24, 2013

My First Peso's

Not Mexican though, these are Philippine peso's, and as with many Asian currencies they come in massive stacks. It is something I have just had to get used to. I have about $750  worth of peso's. Eight bills in Canada or the US.



But not so in peso's


To be fair that is not THAT unusual in a third world economy. I mean 100 peso's equal about $2.50 USD, yet a t-shirt is 100 peso's and a pint of beer is 30 peso's. I guess you need lots of bills for that. Also, $800 is what most Philippine families make in 2-3 months. I guess they never have stack of cash like us rich fat white guys.

Even Korea only has a $50 bill (50,000 won) so $800 is sixteen bills, and that was only introduced in 2010 (before that it was 80 bills). Japan and Singapore both have reasonable currency denominations but in the Philippines I guess it's wads of well hidden cash. 

Anyway, I'm off tomorrow night :)

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