If you are going to visit Santiago de Chile, Valparaiso or any other city of Chile you will need to exchange your Euros to Chilean Pesos. In Eurochange you can buy your Chilean Pesos at the best price and with total availability. Buy them now online or find the nearest exchange office with the service to buy currencies.
About the Chilean Peso
The Chilean Peso is the official currency of Chile. Its ISO 4217 code is CLP and its symbol is $. Each Peso was divided into 100 cents until 1984 where cents were eliminated. Nowadays the smaller existing unit is the coin of 1 Chilean Peso.
History of the currency of Chile
On the year 18717 Chile gained the independence from the Spanish Empire and was that year when they started to issue the Chilean Peso. In that moment one Peso was equivalent to 8 Reales and 2 Pesos where one Escudo (according to the Spanish system). On the year 1851 they abandoned this system to adopt a decimal system where one Peso is equivalent to 100 cents.
Between 1959 and 1975 they changed the currency and Peso was abandoned. They started using a new currency, the Escudo, in an attempt to curb inflation. But in 1975 the Peso was acquired again as the official currency and has been maintained until now. In 1984, cents were withdrawn from circulation and accounting. Since 2017, 1 and 5 Pesos coins have been discontinued. Thus, accounts in cash between 1 and 9 Pesos will be rounded (this is not the case with payments by check, card, transfer,... where the units of Pesos are kept).
Chilean Peso banknotes and coins
Chilean Peso banknotes are 1,000, 2,000, 5,000, 10,000 and 20,000 Pesos. The notes of 1,000, 2,000 and 5,000 Pesos are made of polymer, while higher denominations such as 10,000 and 20,000, are made of cotton paper. This current series is called "Bicentennial series" and where issued by the first time in 2009 to commemorate the bicentennial of the beginning of Chile's independence process.
On the obverse of the banknotes appear images of notable Chilean characters: Ignacio Carrera Pinto (captain of the Chilean Army during the War of the Pacific), Manuel Rodríguez Erdoíza (lawyer, politician and military considered one of the fathers of the country for his contribution in the process of independence of the country), Gabriela Mistral (Chilean poet winner of the Nobel Prize for Literature), Arturo Prat (lawyer, military and sailor who fought in the independence wars against Spain) and Andrés Bello (the most renowned humanist of all Latin America and participant in the process of independence).
On the reverse side of the banknotes appear different natural protected areas of the country: the Torres del Paine National Park, the Nalcas National Reserve, the La Campana National Park, the Alberto de Agostini National Park and the Salar de Surire Natural Monument.
CHILEAN PESO BANKNOTES IN CIRCULATION
Chilean Peso coins are 1, 5, 10, 50, 100 and 500 Pesos. Except for the 500 Pesos coin, there are two series of the other denominations and both are valid. As we told you above, the Central Bank of Chile has stopped issuing coins of 1 and 5 Pesos and the cash accounts are rounded to 0 or 10 pesos. But these coins are still legal tender, so they can still be used to make cash payments.
On the coins appear the liberator Bernardo O'Higgins, the shield of the country, a Mapuche Indian and Cardinal Raúl Silva Henríquez.
How many Chilean Pesos do I need to travel to Chile?
If you have doubts about how much money to take to Santiago de Chile, Valparaiso or any other city in Chile, we are the ones to help you. Our clients usually exchange about 570 Euros into Chilean Pesos. To make an approximate calculation of the money you might need for your trip you must take into account if you have to pay for hotels, rental cars, excursions or tickets, or if you will only have the most common daily expenses such as food, public transport or shopping.
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