AMERICA MOVIL SAB DE CV/ | CIK:0001129137 | 3

  • Filed: 4/26/2018
  • Entity registrant name: AMERICA MOVIL SAB DE CV/ (CIK: 0001129137)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1129137/000119312518135124/0001193125-18-135124-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1129137/000119312518135124/amx-20171231.xml
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    • ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory

    The exchange rates used for the translation of foreign currencies against the Mexican peso are as follows:

     

              Average exchange rate      Closing exchange rate at
    December 31,    		  

    Country or Zone

    		   

    Currency

    		    2015      2016      2017          2016              2017      

    Argentina (1)

    		    Argentine Peso (AR$)      1.7152        1.2632        1.1489        1.3047        1.0610  

    Brazil

    		    Real (R$)      4.8068        5.3868        5.9346        6.3611        5.9815  

    Colombia

    		    Colombian Peso (COP$)      0.0058        0.0061        0.0064        0.0069        0.0066  

    Guatemala

    		    Quetzal      2.0704        2.4548        2.5755        2.7561        2.6940  

    U.S.A. (2)

    		    US Dollar      15.8504        18.6529        18.9400        20.7314        19.7867  

    Uruguay

    		    Uruguay Peso      0.5810        0.6206        0.6606        0.7066        0.6869  

    Nicaragua

    		    Cordoba      0.5813        0.6515        0.6307        0.7071        0.6428  

    Honduras

    		    Lempira      0.7171        0.8109        0.8007        0.8759        0.8330  

    Chile

    		    Chilean Peso      0.0243        0.0276        0.0292        0.0310        0.0322  

    Paraguay

    		    Guaraní      0.0031        0.0033        0.0034        0.0036        0.0035  

    Peru

    		    Sol (PEN$)      4.9746        5.5232        5.8054        6.1701        6.0976  

    Dominican Republic

    		    Dominican Peso      0.3515        0.4048        0.3983        0.4438        0.4095  

    Costa Rica

    		    Colon      0.0293        0.0338        0.0331        0.0369        0.0346  

    European Union

    		    Euro      17.3886        20.6334        21.3649        21.8032        23.7539  

    Bulgaria

    		    Lev      9.3785        10.5483        10.9223        11.1561        12.1406  

    Belarus (3)

    		    New Belarusian Ruble      9.9808        9.3929        9.8087        10.5622        9.9882  

    Croatia

    		    Croatian Kuna      2.4096        2.7392        2.8619        2.8886        3.1954  

    Macedonia

    		    Macedonian Denar      0.2984        0.3350        0.3471        0.3546        0.3861  

    Serbia

    		    Serbian Denar      0.1517        0.1676        0.1762        0.1768        0.2009  

     

    (1) In the years ended December 31, 2016 and 2017, the Argentine peso depreciated against the US dollar by 21.8% and 17.4%, respectively. The Company considers on the basis of the quantitative and qualitative indicators in IAS 29, that Argentina should not be considered a hyperinflationary economy as of December 31, 2017. However, it is possible that certain market participants and regulators could have varying views on this topic during 2018 as Argentina’s economy evolves. The Company will continue to carefully monitor the situation and make appropriate changes if and when necessary.
    (2) Includes U.S.A., Ecuador, El Salvador, Puerto Rico and Panama.
    (3) In July 2016, a new ruble was introduced, at a rate of 1 BYN = 10,000 BYR. Old and new rubles circulated in parallel from July 1 to December 31, 2016.