Chile: general information

About Chile's currency, the chilean peso

The Chilean peso, represented by the symbol "CLP" and the currency code, is the official currency of Chile, a country located in South America. The Chilean peso, denoted by the familiar dollar sign ($), has a long history dating back to colonial times, with the first coins being minted in the early 1800s. The modern version of the Chilean peso, introduced in 1975, replaced the previous currency known as the escudo. The Central Bank of Chile, known as Banco Central de Chile, is responsible for the issuance and regulation of the Chilean peso.

The Chilean peso is subdivided into 100 centavos, although centavo coins are no longer in circulation. The most commonly used denominations of banknotes in Chile are 1,000, 2,000, 5,000, 10,000, and 20,000 pesos, while coins come in denominations of 1, 5, 10, 50, 100, and 500 pesos. The design of the banknotes showcases important figures and landmarks in Chilean history, such as national heroes, notable landscapes, and cultural symbols.