PHL peso coin used to cheat at parking meters in UAE — report

For some motorists in the United Arab Emirates, the small Philippine peso coin may be much more valuable than it appears.

Some motorists drop the P1 coin into parking meters in Abu Dhabi instead of the Dh1 coin, whose value is 12 times that of the peso, Gulf News reported Thursday.

“I save 12 pesos on a dirham. Using two pesos instead of two dirhams means a daily saving of Dh24. It makes sense to me,” it quoted a Filipino expatriate who works at a hospital, who used the trick

Another motorist said he chanced on P2 in his wallet and tried it. "It worked. Now I do it often,” he said.

But the Gulf News report said other motorists also used other coins such as Bahraini dinars, Turkish liras and Saudi riyals.

Yet, in a twist of irony, the report said the Mawaqif parking meters did not accept the UAE's own new Dh1 coin until recently. The new coin is lighter than the old coin.

Parking zones in residential areas cost Dh2 an hour and Dh3 an hour in commercial zones, with paid parking applying from 8 a.m. to midnight. — LBG, GMA News

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