Pesos de cierre

English translation: year-end 2019 pesos

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Pesos de cierre
English translation:year-end 2019 pesos
Entered by: claudia bagnardi

14:19 Feb 27, 2020
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Financial Statements
Spanish term or phrase: Pesos de cierre
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
claudia bagnardi
Local time: 16:37
year-end 2019 pesos
Explanation:
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?
Selected response from:

philgoddard
United States
Grading comment
Thank you phil! Hi patinba Allegro and Yvonne. Fine endorsers :)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3year-end 2019 pesos
philgoddard
4 -1precios de cierre
Vittorio Ferretti


Discussion entries: 7





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
precios de cierre


Explanation:
si hubiera error de conversión PDF

Vittorio Ferretti
Local time: 21:37
Works in field
Native speaker of: Native in GermanGerman

Peer comments on this answer (and responses from the answerer)
disagree  Yvonne Gallagher: no typo or error
9 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
year-end 2019 pesos


Explanation:
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?

philgoddard
United States
Specializes in field
Native speaker of: English
PRO pts in category: 376
Grading comment
Thank you phil! Hi patinba Allegro and Yvonne. Fine endorsers :)

Peer comments on this answer (and responses from the answerer)
agree  patinba
1 hr

agree  AllegroTrans: yes, and care needed on year end
8 hrs

agree  Yvonne Gallagher
8 hrs
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