User talk:Juansecal

Columbia's minimum wage
I undid your last revision to the article List of minimum wages by country. I appreciate your taking the time to contribute to the article, and I'll explain why I reverted your edit so that you understand my rationale. You may know something I don't, so if I have made a mistake, please feel free to change it back. However, if you do, please explain where you got your information from, or--if you calculated it--how you made the calculation. You can add it here, at my talk page, or on the discussion page for the article.

I took the monthly minimum wage for Columbia, 515000 pesos per month, and multiplied by 12 to get the annual minimum wage, 6180000. Then I went to |World Economic Outlook Database, April 2010 Edition to find the 2009 implied PPP conversion rate, which gives the number of Columbian pesos per international dollar. The rate in 2009 was 1,227.964 pesos per international dollar. So I took the annual minimum wage and divided by the conversion rate to get 6180000/1227.964=5032.720828949, and I rounded to 5033 international dollars. -- Greenbreen (talk) 17:00, 21 September 2010 (UTC)