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Glossary entry

español term or phrase:

Pesos de cierre

inglés translation:

year-end 2019 pesos

Added to glossary by claudia bagnardi
Feb 27, 2020 14:19
4 yrs ago
31 viewers *
español term

Pesos de cierre

español al inglés Negocios/Finanzas Finanzas (general) Financial Statements
EXPRESADO EN PESOS DE CIERRE DE 2019

My pick is:
Expressed in Pesos at 2019 fiscal year-end exchange rate .

Not sure...
Any help?
TIA
Claudia
Proposed translations (inglés)
4 +3 year-end 2019 pesos
4 -1 precios de cierre

Discussion

philgoddard Feb 27, 2020:
Yes, Claudia, it's about purchasing power, not exchange rates - see my answer.
Luis M. Sosa Feb 27, 2020:
exposición El término exposición puede refirses a inflación o a variaciones del tipo de cambio. Creo que es prudente que copies la oración completa (parece un título), pero quizás es necesario revisar la primera o primeras frases luego del título0.
claudia bagnardi (asker) Feb 27, 2020:
My doubt is that below the text is "...separando el resultado por exposición a los cambios en el poder adquisitivo de la moneda. " Perhaps is "expressed in Pesos at the purchasing power of 2019 fiscal year end".
claudia bagnardi (asker) Feb 27, 2020:
cont'd: Los estados contables se presentan en pesos de cierre de 2019....comparativos con el ejercicio cerrado el 31 de diciembre de 2018 expresados en pesos de cierre del 31/12/2019.
Luis M. Sosa Feb 27, 2020:
2019 fiscal year-end exchange rate Think you are right, Claudia.
claudia bagnardi (asker) Feb 27, 2020:
Hi phil It is a Financial Statement. From Argentina. In all its headings: Cash Flow statement, Income Statement, changes in Shareholders' Equity, it says: NOTAS A LOS ESTADOS CONTABLES. EXPRESADO EN PESOS DE CIERRE DE 2019. I'll post more text below.
philgoddard Feb 27, 2020:
Could we have the full Spanish context, please. Presumably this is a company in Mexico, or somewhere else with pesos as its currency, reporting income from another country.

Proposed translations

+3
1 hora
Selected

year-end 2019 pesos

See the additional context in the discussion box.

This is about purchasing power. Argentina has high inflation, so in the 2019 accounts, the 2018 figures have been shown in 2019 pesos in order to make a meaningful comparison.

I'd be cautious about saying fiscal year end - the Spanish doesn't specifically say that. Are you sure it's not calendar year end?
Peer comment(s):
agree patinba
1 hora
agree AllegroTrans : yes, and care needed on year end
8 horas
agree Yvonne Gallagher
8 horas
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you phil! Hi patinba Allegro and Yvonne. Fine endorsers :)"
-1
3 minutos

precios de cierre

si hubiera error de conversión PDF
Peer comment(s):
disagree Yvonne Gallagher : no typo or error
9 horas
Something went wrong...
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