CLP/CAD: what to know
The CLP/CAD rate shows how much CAD you get for 1 CLP. Right now, 1 CLP buys 0.00147034 CAD at the mid-market rate. In the other direction, 1 CAD is worth 680.1164 CLP.
In the short term CLP is driven mainly by the price of copper, while CAD responds to oil prices and the US economy.
The Chilean Peso (CLP) is issued by Central Bank of Chile. The Chilean peso no longer uses cents — the smallest coins are whole pesos. The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”.
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.