worker who was illegally dismissed.  The Labor Arbiter may have mislabeled it as separation pay, nonetheless, the award was made in conformity with law.             However, in the interest of substantial justice and to avoid further litigation on the matter,[28] it must be stressed that the peso amounts equivalent to the dollar awards of the Labor Arbiter can not be enforced for being contrary to law.  The peso equivalent of the monetary award should be computed at the peso to dollar exchange rate prevailing at the time of payment,[29] as provided in Republic Act No. 8183, entitled “An Act Repealing Republic Act Numbered Five Hundred Twenty-Nine, As Amended, Entitled ‘An Act to Assure the Uniform Value of Philippine Coin and Currency’,” which provides:   SECTION 1.  All monetary obligations shall be settled in the Philippine currency which is legal tender in the Philippines. However, the parties may agree that the obligation or transaction shall be settled in any other currency at the time of payment.   Except for the foregoing clarification, the Court finds no cogent reason to grant this petition.             WHEREFORE, the petition is DENIED.  The Decision dated May 7, 2001 and Resolution dated July 3, 2001 rendered by the Court of Appeals in CA-G.R. SP No. 53490 are AFFIRMED with the MODIFICATION that the monetary awards of US$2,400.00 and US$186.69 made by the Labor Arbiter in its Decision dated August 11, 1998, should be payable in its equivalent in Philippine currency computed at the prevailing rate of exchange at the time of payment.   Let the heirs of deceased respondent represented by his surviving wife, Carmen M. Rosaroso, residing at Hills View, MohonII, Tisa, Cebu City, who are hereby deemed substituted as respondents, be sent a copy of herein Decision.