@W6BXQ, JohnYesterday you had a question about the peso being about 13 to the dollar, in response to Nabuquduriuzhur’s claim about it hitting 3500.The peso has been re-evaluated a number of times. I think around a decade ago or so, the government declared by fiat that it was exactly 3 “nuevo pesos” to the dollar.So what is now 13 to the dollar is the “nuevo peso”. As mentioned in this article, “they basically erased three zeros.”http://www.ehow.com/about_5687793_peso-vs_-dollars.html
@W6BXQ, JohnYesterday you had a question about the peso being about 13 to the dollar, in response to Nabuquduriuzhur’s claim about it hitting 3500.The peso has been re-evaluated a number of times. I think around a decade ago or so, the government declared by fiat that it was exactly 3 “nuevo pesos” to the dollar.So what is now 13 to the dollar is the “nuevo peso”. As mentioned in this article, “they basically erased three zeros.”http://www.ehow.com/about_5687793_peso-vs_-dollars.html