International Monetary Policy

  • 8 Comments

Did you know that if you go to Google and type in Pesos to Dollar, that a nice little converter will come up?

Yep! You just enter the amount of pesos and *boop* it will tell you the corresponding amount in US Dollars. You can then take that amount and cut and paste it into a nice tidy PowerPoint presentation and ship it over to your demanding and agitated boss for his presentation later today.

And when you send that off you feel so gosh darn smart and efficient.

But there’s more.

Did you know there is a rather large difference between Mexican Pesos and Colombian Pesos?

Let’s show by way of example:

6 million Mexican Pesos is equal to:

$470,105 US Dollars


6 million Colombian Pesos is equal to:

$3,356 US Dollars.

Further, did you know that the difference between asking finance for 470k versus 3k on a pretty little PowerPoint slide is, well, significant.

Um. Whoops.

Pesky ol’ currency conversion.
.
.
.
(Thankfully my BossMan caught it before the meeting and we fixed it. I’m now being teased unmercifully. Ugh!)




Image from flagpedia.net