Currency Information on Chilean Peso - CLP— Chilean Peso - $
The Chilean peso subdivides into 100 centavos, although centavo coins have dropped out of circulation. The Chilean peso was introduced in 1975, when it replaced the escudo at a ratio of 1,000 escudos: 1 peso.
The coins introduced during the change remained similar to the coins being replaced, with higher denominations of coin being introduced over time due to inflation and the dropping out of lower denominations such as all denominations of centavo.
Some banknotes and coins have nicknames, such as ‘luca’ for the one thousand peso note. The coins in circulation include; 1, 5, 10, 50, 100 and 500 pesos, whilst banknotes include 1,000, 2,000, 5,000, 10,000 and 20,000 pesos.
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