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As of 4pm on Tuesday the 24th of November 2009:

1 USD = 47.10 PHPA

Therefore:
50,000 USD = 2,355,000 PHP.

However the value of differing currencies fluctuates so this will vary over time and so it is worth checking a currency conversion website for the most up to date conversion rates.

A From XE currency conversion website
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15y ago

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