Mexican Peso definition

Mexican Peso means the lawful currency of Mexico.
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Mexican Peso or “MXN” mean lawful money of Mexico.
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Mexican Peso or “Ps.” shall mean the lawful currency of Mexico.
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Examples of Mexican Peso in a sentence

  • The Company is affected by changes in exchange rates between the Canadian dollar, the US dollar and the Mexican Peso.

  • The Company is primarily exposed to currency fluctuations relative to the United States Dollar as a portion of the Company’s operating costs and capital expenditures are denominated in foreign currencies; predominately the Brazilian Real, the Argentine Peso, the Chilean Peso and the Mexican Peso.

  • The functional currency of wholly owned subsidiaries of the Company, Minera JM S.A. de C.V., Grupo Northair de Mexico S.A. de C.V. and Kootenay Gold (US) Corp., is the US dollar and for Servicios de Exploraciones Sonora, S.A. de C.V., is the Mexican Peso.

  • Assets and liabilities in foreign currencies of non-Mexican subsidiaries that use the Mexican Peso as a functional currency are initially converted to Mexican Pesos by utilizing the exchange rate of the statement of financial position date for monetary assets and liabilities, and historical exchange rates for non-monetary items, with the related adjustment included in the consolidated statement of income as finance income or expense.

  • The Company is exposed to the financial risks related to the fluctuation of foreign exchange rates, both in the Mexican Peso and Canadian dollar, relative to the US$.

  • For interim consolidated condensed financial statements, Management makes its best estimate of the fair value of investment properties before the end of the quarter by applying macro-economic factors, mainly Mexican inflation and the exchange rate of the Mexican Peso against the US Dollar.

  • The Norwegian krone is the base currency.(g) Mexican Peso Denominated(i) Peso-dollar: Bids and offers for peso-dollar currency futures shall be quoted in terms ofU.S. dollar per Mexican peso significant to six (6) decimals.

  • Mexican Peso relative to the US$ Although the majority of operating expenses in Mexico are both determined and denominated in US$, an appreciation in the Mexican peso relative to the US$ will slightly increase the Company’s cost of operations in Mexico related to those operating costs denominated and determined in Mexican pesos.

  • The Company is exposed to the financial risks related to the fluctuation of foreign exchange rates, both in the Mexican Peso relative to the US$, and in the US$ relative to the C$.

  • Certain assets and liabilities of the Company are denominated in Kenyan Shilling and Mexican Peso and are therefore subject to fluctuation against the Canadian dollar.


More Definitions of Mexican Peso

Mexican Peso and “Ps.” shall mean the legal currency of the United Mexican States.
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Mexican Peso or “P” refers to the lawful money of Mexico.
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Mexican Peso or "MP $" shall mean lawful money of ------------ the United Mexican States.
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Mexican Peso means the lawful currency of Mexico. “Mexican Peso Rate” means with respect to any Loan denominated in Mexican Pesos and for any Interest Period with respect thereto, the rate per annum equal to the Equilibrium Interbank Interest Rate for a twenty-eight (28) day period (Tasa de Interes Xxxxxxxxxxxxx xx Xxxxxxxxxx x xxxxx xx 00 xxxx, or the “TIIE Rate”), as published by Banco de México in the Official Daily of the Federation (Diario Oficial de la Federacion) of Mexico on the Business Day on which such Interest Period is to commence, which such Peso Rate shall be determined by the Administrative Agent. If the TIIE Rate is not available at such time
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Related to Mexican Peso

  • Mexican Pesos means the lawful currency of Mexico.

  • Swiss Franc means the lawful currency of Switzerland.

  • Swiss Francs means the lawful currency of Switzerland.

  • Yen and “¥” mean the lawful currency of Japan.

  • Japanese Yen means the lawful currency of Japan.

  • Singapore Dollars means the lawful currency of Singapore.

  • Australian Dollars means the lawful currency of Australia.

  • Canadian Dollars means the lawful money of Canada.

  • Swedish Krona means the lawful currency of Sweden.

  • Australian Dollar means the lawful currency of Australia.

  • Canadian Dollar means the lawful currency of Canada.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • Hong Kong Dollars or “HK$” means the lawful currency of Hong Kong.

  • British Pounds Sterling means the lawful currency of Great Britain.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Hong Kong Dollar means the lawful currency of Hong Kong.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • U.S.-Canadian Exchange Rate means, on any date:

  • Alternative Currencies means (a) Euro, (b) Sterling, (c) Yen and (d) each other currency (other than Dollars) approved in accordance with Section 1.08.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • NOK means Norwegian kroner, being the lawful currency of Norway.

  • Dollars or $ means the lawful currency of the United States.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars, Euros, Pound Sterling, New Zealand Dollars and Australian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to: