If The Exchange Rate Of Us Dollars To Pesos Is $1 = Php 47.90 What Is The Value Of Php 1 In American Cents?

If the exchange rate of US dollars to pesos is $1 = Php 47.90 what is the value of Php 1 in American cents?

 

One Philippine peso is approximately 2 American cents in equivalent value.

Given exchange rate: $1 ⇔ ₱47.90

Note that there are 100 cents in one dollar.

$1/₱47.90 = 100¢/₱47.90 ≈ 2¢/₱