Artículo 39. IAS 21 Paragraph 39

When an entity’s functional currency and presentation currency differ and are the currencies of non-hyperinflationary economies, the The results and financial position of the an entity whose functional currency is not the currency of a hyperinflationary economy [ Refer: IAS 29 paragraph 3 ] shall be translated into the a different presentation currency using the following procedures: (a) assets and liabilities for each statement of financial position presented (ie including comparatives [ Refer: IFRS 18 paragraphs 31⁠–⁠40 and B13⁠–⁠B15 ] ) shall be translated at the closing rate at the date of that statement of financial position; (b) income and expenses for each statement presenting profit or loss and other comprehensive income (ie including comparatives) shall be translated at exchange rates at the dates of the transactions; and (c) all resulting exchange differences shall be recognised in other comprehensive income.