Since 1 Mexican Peso is equal to 2.45105698403 Philippine Pesos, we could say that n Mexican Pesos are equal to 2.45105698403 times n Philippine Pesos. In other words, we could use the following formula:
Philippine Pesos = Mexican Pesos x 2.45105698403
For example, let's say that we want to convert 2 Mexican Pesos to Philippine Pesos. Then, we just replace Mexican Pesos in the abovementioned formula with 2:
Philippine Pesos = 2 x 2.45105698403
That is, 2 Mexican Pesos are equal to 4.90211396806 Philippine Pesos.