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Meaning of bimonetario



Danilo Enrique Noreña Benítez Image
Danilo Enrique Noreña Benítez

bimonetario
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It means that it has the circulation of two different currencies. They are usually countries where the local currency circulates and the dollar or euro.

  



John Rene Plaut Image
John Rene Plaut

BIMONETARIO Said of a system or accounting : It is carried in two different current currencies. Generally refers to keeping a accounting in dollars or Euros, for the parent company, and a parallel accounting in local currency to comply with the regulations of the country in which the commercial operations are carried out. 2 . Said of a monetary regime : It officially has two national exchange currencies : Panama has a bi-millenniary system based on the dollar and balboa, both official currencies.

  










What is the meaning of bimonetario in the Spanish open dictionary

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