About this pair
ARS/CLP: what to know
The ARS/CLP rate shows how much CLP you get for 1 ARS. Right now, 1 ARS buys 0.6251 CLP at the mid-market rate. In the other direction, 1 CLP is worth 1.5998 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while CLP responds to the price of copper.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.