Aug 15, 2015 18:42
8 yrs ago
7 viewers *
Spanish term

$12,4 millones (pesos chilenos)

Spanish to English Bus/Financial Finance (general) Currency
Hi,

I am a bit confused as to how to write out this amount in Chilean pesos. Would it be $12,400,000.00 millions? I am trying to convert it to USD and I am aware that Chile uses commas instead of decimals for their numbers, but I am still a bit unsure if I can directly enter $12,4 millones (Chilean pesos) into a currency converter like "124", for instance.


Any help is appreciated.
Votes to reclassify question as PRO/non-PRO:

Non-PRO (2): DLyons, patinba

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Discussion

Robert Dunn (asker) Aug 17, 2015:
I am starting to become partial to not converting it at all and just writing it with "CLP" in lieu of the dollar sign to avoid confusion with US dollars. I will go with what DLyons suggested and let the audience do their own conversions. Thanks to everyone who has contributed.
DLyons Aug 15, 2015:
Standard stuff. Exchange rates vary, currencies suddenly devalue. A financial audience is perfectly capable of doing their own currency conversions.

And what relevance has the length of the term?
Germaine Aug 15, 2015:
Robert, You can't convert in USD unless the client specifically asked you to do so. Even then, you would have to keep this original CLP amount, since a translation based on the official exchange rate could be totally misleading. I remember an instance where a client needed to convert a certain currency, and the result didn't make any sense since there was no "official" market to pay such "official" rate (only a "paralelo" market). I'm not saying that this is the case with CLP or in your specific context; I'm only agreeing with Helena: you should not translate. If the $ is bothering you, simply use CLP 12.4 million OR CLP 12,400,000, but the first is usual and more easily readable.
Helena Chavarria Aug 15, 2015:
I agree with Taña I make great use of international currency codes and I have never translated a sum of money. Very, very occasionally I have written a certain distance in kilometres and put the equivalent distance in miles in brackets, and always after discussing it beforehand with the client.
Taña Dalglish Aug 15, 2015:
I am getting a different figure from Francois, but I don't think it is too important. Another calclulation: http://www.x-rates.com/calculator/?from=CLP&to=USD&amount=12... (17,527.843710 USD). Regards.
Taña Dalglish Aug 15, 2015:
@ Robert Firstly, I agree with Helena. To write $12,400,000.00 million, can lead to confusion! You can perhaps use CLP (the international code for the Chilean Peso). CLP 12.4m according to link here: http://themoneyconverter.com/USD/CLP.aspx = USD 17,522.21, but once the currency is clearly stated to begin with, I ask the same question Helena posed, why convert to USD? May be I am missing something here. Regards.
Robert Dunn (asker) Aug 15, 2015:
Well, since it's intended for a US audience, I want to convert the amount to USD (don't be misled by the dollar sign, Chile also uses it as their currency symbol) but with an abbreviated numerical figure (I am not going to write $12,400,000.00 million, too long).
Helena Chavarria Aug 15, 2015:
Do you really need to convert the figure into USD? I would write whatever figure you decide to use with either zeros OR the word 'million'. In your example, if you write $12,400,000.00 million, then it would be read as twelve million, four hundred thousand million. That's a a lot of money!

Proposed translations

2 hrs
Selected

CLP$ 12.4 million or USD $18,106.00

12.4 million chilean pesos= CLP$ 12.4 million or CLP$12,400,000.00

If the remaining figures in the document are in USD, you can convert it at oanda.com and it will be USD$ 18,106.00 Take note that the conversion on OANDA uses the same decimal and commas as the CLP, even for USD.

I am a US citizen living in Argentina and visit Chile frequently, so am very familiar with how numbers are written and expressed in Chile, Argentina and the US.

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Note added at 2 hrs (2015-08-15 20:52:52 GMT)
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Also, the exact amount if you exchange the money depends on weather you are buying or selling CLP. For this discussion, I used the value for selling CLP to USD.

I would stick with using CLP$ for the translation.
Example sentence:

The price of the new car is CLP$12.4 million.

The price of the new car is USD$ 18,106.00

Something went wrong...
3 KudoZ points awarded for this answer. Comment: "Thank you very much for your answer and to everyone else for their help! I've decided to leave it as is and use CLP."
+2
27 mins

$12.4 million (Chilean pesos)

For an English speaker to understand this number, you have to translate the word 'millones' and to replace the comma with a dot.

To Convert this amount into US dollars, you have to divide the number by the amount of Chilean pesos in one US dollar.

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Note added at 32 mins (2015-08-15 19:14:51 GMT)
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According to the link, $1 = 684.625 Chilean pesos

http://www.xe.com/currencyconverter/convert/?Amount=1&From=U...

Hence, the amount above has the following value in USD:
18,112



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Note added at 50 mins (2015-08-15 19:32:57 GMT)
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$18,112 is an approximation because I dropped the decimals
Peer comment(s):

neutral philgoddard : You've misunderstood the question. $ is the symbol for pesos.
1 hr
There is no confusion in the text above. I clearly distinguished between the US $ and the Chilean $.
agree Marianela Melleda
8 hrs
Thanks, Marianela!
agree Loreta Saddi
8 hrs
Thanks, Loretta!
Something went wrong...
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