Glossary entry

Spanish term or phrase:

MX$16.613 millones

English translation:

16.6 billion pesos

Added to glossary by Dr. Andrew Frankland
Mar 22, 2006 14:57
18 yrs ago
Spanish term

MX$16.613 millones

Spanish to English Bus/Financial International Org/Dev/Coop
Mexican pesos ... would appreciate ideas on how best to render this in English TIA

monto de las remesas enviadas a México en 2004 fue de MX$16.613 millones a través de aproximadamente 50,5 millones de transferencias con un promedio de US$327,6 cada una

Discussion

David Hollywood (asker) Mar 22, 2006:
I'm pretty sure it's " 16.613 billion Mexican pesos" but would appreciate further confirmation :)

Proposed translations

+3
11 mins
Selected

16.6 billion pesos

As Mexico has already been mentioned there's no need to repeat it -- it's hardly likely to be pesos from anywhere else.

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Note added at 45 mins (2006-03-22 15:43:12 GMT)
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1 USD is currently 10.8 pesos. I've no idea if there's been much of a re-/devaluation of the peso since 2004 but 327.6 USD would be 3538 pesos (approx.), and multiplying that by 50.5 million gives 179 billion pesos, so they look to be out by a factor of 10, but not 16613 billion -- that's a lot of pesos!

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Note added at 58 mins (2006-03-22 15:55:57 GMT)
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The peso averaged 11.3 to the dollar in 2004 (http://www.oanda.com/convert/fxhistory)
Peer comment(s):

agree Paula Hernández
18 mins
agree MDI-IDM : mil milliones = billion (in North American En)
1 hr
Thanks. I think it's generally accepted in UK English as a thousand million as well
agree Muriel Vasconcellos
14 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks very much for your valuable research on this one and regards :)"
9 mins

Mexican currency

a suggestion
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