MANILA, Philippines — As Christmas lights shine brighter and overseas Filipino workers send remittances for the season, the value of every peso becomes more apparent—even in something as simple as the price of a burger. Dr. Alicor Panao, INQUIRER Metrics data scientist and associate professor at the University of the Philippines, said in an analysis based on the 2025 Big Mac Index that the peso is about 50 percent undervalued against the US dollar. RELATED STORY: Drag on holiday spending The index, created by The Economist, is a lighthearted way of illustrating Purchasing Power Parity (PPP), which is the idea […]... Keep on reading: Peso undervalued by 50%, but makes remittances stretch further this Christmas