Determining the peso equivalent of 1 Facebook star requires looking at the currency exchange rate between the Philippine peso and the virtual Facebook currency used for purchasing stars. Facebook stars are a virtual item used on Facebook for various actions like sending gifts in games. The purpose of this article is to provide the current peso exchange rate for 1 Facebook star for readers interested in purchasing stars for use on Facebook.
Overview of Facebook Stars
Facebook stars are a virtual currency used within Facebook for certain actions like sending gifts in games or posting reactions. Here are some key details about Facebook stars:
- Introduced in 2012 as a replacement for Facebook Credits
- Used for purchasing virtual goods in games and applications
- Can be purchased directly from Facebook using real currency
- Are purchased using a local currency based on the user’s location
- 100 stars is the minimum amount that can be purchased
Facebook stars provide a way for users to purchase virtual goods and send reactions or gifts within the Facebook ecosystem. They act as a virtual currency for Facebook-related activities.
Determining the Peso Exchange Rate for Facebook Stars
To determine the Philippine peso equivalent of 1 Facebook star, we need to check the current exchange rate Facebook is using to convert pesos into stars. Here are the steps to find this exchange rate:
- Access Facebook from a computer or device located in the Philippines.
- Click on the notifications icon in the top right corner.
- Select “Purchase Stars” from the dropdown menu.
- The purchase page will open, showing the star packs available for purchase in Philippine pesos.
- Divide the peso amount of a star pack by the number of stars in the pack.
For example, the lowest star pack available today costs ₱59 for 100 stars. Dividing ₱59 by 100 stars gives an exchange rate of ₱0.59 per 1 Facebook star. This provides us with the current peso exchange rate set by Facebook.
Historical Exchange Rates for Facebook Stars
While today’s exchange rate is ₱0.59 per star, this rate has fluctuated over time. Facebook occasionally adjusts the real currency prices of stars packs, likely in response to currency exchange rate movements.
Here is a table showing historical PHP prices for 100 Facebook stars packs since 2012:
| Date | PHP Price for 100 Stars |
|---|---|
| October 2022 | ₱59 |
| September 2021 | ₱65 |
| January 2020 | ₱75 |
| May 2017 | ₱79 |
| December 2015 | ₱99 |
| January 2013 | ₱110 |
| July 2012 | ₱100 |
Based on historical rates, the Philippine peso price of 100 stars has declined from its initial ₱100 in 2012 to just ₱59 today, likely driven by the depreciation of the peso relative to the US dollar in recent years.
Current Peso to US Dollar Exchange Rate
To provide more context, here is the current peso to US dollar exchange rate from major banks in the Philippines as of October 2022:
| Bank | Peso to Dollar Rate |
|---|---|
| BDO | ₱58.50 to $1 |
| BPI | ₱58.45 to $1 |
| Metrobank | ₱58.55 to $1 |
The weaker peso compared to the US dollar is likely a key factor behind Facebook’s decision to reduce the PHP pricing of star packs over the past decade. As the peso has depreciated compared to currencies like the dollar, it takes fewer pesos to purchase stars, which have a fixed USD value.
Estimating the Dollar Value of 1 Facebook Star
While Facebook does not publicly share the exact dollar value of stars, we can estimate it based on historical pack prices:
- In 2012, 100 stars cost ₱100 when the peso to dollar rate was around ₱42 to $1.
- So ₱100 exchanged to around $2.38 at that time.
- With 100 stars costing $2.38, each star had an estimated $0.0238 value.
Accounting for inflation of the US dollar since 2012, today each star likely has around a $0.025 to $0.026 value.
This means 1 Facebook star likely exchanges for around $0.025 to $0.026. At today’s exchange rates, ₱0.59 therefore seems appropriate given the estimated dollar value per star.
Cost Effectiveness of Purchasing Stars
When considering purchasing Facebook stars, keep in mind that the 100 star pack offers the best value:
- 100 stars – ₱59
- 250 stars – ₱149
- 500 stars – ₱299
The 100 star pack costs ₱0.59 per star, while larger packs cost up to ₱0.60 per star. So purchasing multiple 100 star packs is the most cost effective approach if you want more than 100 stars.
Purchasing stars can make sense if you regularly send gifts or use stars in games. But make sure to compare the cost in stars to the actual peso cost to avoid overspending on stars.
Conclusion
Based on current Facebook pricing, the exchange rate for 1 Facebook star equals ₱0.59. This rate can fluctuate over time as Facebook adjusts pack prices in response to currency movements.
When purchasing stars, the 100 star pack offers the best value at ₱59 in total. Be an informed consumer and understand the actual peso cost of stars before purchasing to avoid overspending.