Chilean Peso

The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions like shopping, paying bills, and salaries. It’s divided into 100 smaller units called centavos. The peso's value fluctuates based on economic factors, such as inflation, interest rates, and international trade. It is issued and regulated by Chile's central bank. The currency features images of notable Chilean figures and landmarks on banknotes, and coins with various designs. As a national currency, the peso reflects Chile’s economic health and stability, facilitating local and international trade and investment.