Since 1 Mexican Peso is equal to 2.934906224158846 Philippine Pesos, we could say that n Mexican Pesos are equal to 2.934906224158846 times n Philippine Pesos. In other words, we could use the following formula:
Philippine Pesos = Mexican Pesos x 2.934906224158846
For example, let's say that we want to convert 2.0 Mexican Pesos to Philippine Pesos. Then, we just replace Mexican Pesos in the abovementioned formula with 2.0:
Philippine Pesos = 2.0 x 2.934906224158846
That is, 2.0 Mexican Pesos are equal to 5.869812448317692 Philippine Pesos.